{smcl}
{txt}{sf}{ul off}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\matt_zarit\Dropbox\Krause5\Log Files\newfittestssouth.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res} 6 Aug 2019, 12:12:11
{txt}
{com}. //SOUTHERN STATES
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. ****** III. SOUTHERN STATES -- BIVARIATE DYNAMIC PANEL ARDL(5,4)--ECM REGRESSION MODELS OF STATE REAL PER CAPITA ANNUAL INCOME [real_pc_inc_ann] & STATE RANNEY INDEX FOR PARTISAN COMPETITION IN LEGISLATURE/REPRESENTATIVE ASSEMBLIES [klarnerranney, 6yrs, 8yrs, 10yrs] WITH TWO-WAY FIXED EFFECTS [STATE AND TIME UNIT EFFECTS]: ESTIMATION BY SUR METHODS   
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. *** 1.A: SOUTHERN STATES (N = 14): FULL TIME PERIOD *** ARDL (5,4)
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year), corr
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. //estat ic
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. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       896
{txt}maximum lag: {res}8{col 49}{txt}F( 86,       809){col 67}= {res}     52.29
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0657999{col 29}{space 2} .0178737{col 40}{space 1}   -3.68{col 49}{space 3}0.000{col 57}{space 4}-.1008841{col 70}{space 3}-.0307156
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.177715{col 29}{space 2} .4562499{col 40}{space 1}    2.58{col 49}{space 3}0.010{col 57}{space 4} .2821419{col 70}{space 3} 2.073288
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1633946{col 29}{space 2} .0806678{col 40}{space 1}    2.03{col 49}{space 3}0.043{col 57}{space 4} .0050517{col 70}{space 3} .3217375
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0354927{col 29}{space 2} .9577572{col 40}{space 1}   -0.04{col 49}{space 3}0.970{col 57}{space 4}-1.915475{col 70}{space 3}  1.84449
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1486249{col 29}{space 2} .0619054{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} .0271107{col 70}{space 3} .2701392
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.166654{col 29}{space 2}    .9246{col 40}{space 1}   -1.26{col 49}{space 3}0.207{col 57}{space 4}-2.981552{col 70}{space 3} .6482442
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0451932{col 29}{space 2} .0496017{col 40}{space 1}   -0.91{col 49}{space 3}0.363{col 57}{space 4}-.1425564{col 70}{space 3} .0521699
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.155751{col 29}{space 2} 1.056087{col 40}{space 1}   -1.09{col 49}{space 3}0.274{col 57}{space 4}-3.228745{col 70}{space 3} .9172439
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0447144{col 29}{space 2} .0428091{col 40}{space 1}    1.04{col 49}{space 3}0.297{col 57}{space 4}-.0393156{col 70}{space 3} .1287444
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .6954884{col 29}{space 2}  .821641{col 40}{space 1}    0.85{col 49}{space 3}0.398{col 57}{space 4}-.9173113{col 70}{space 3} 2.308288
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-25.27609{col 29}{space 2}  15.0321{col 40}{space 1}   -1.68{col 49}{space 3}0.093{col 57}{space 4}-54.78261{col 70}{space 3} 4.230428
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 116.8054{col 29}{space 2} 39.41605{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 39.43564{col 70}{space 3} 194.1752
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 61.40438{col 29}{space 2} 28.88194{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} 4.711995{col 70}{space 3} 118.0968
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-48.38286{col 29}{space 2}  22.6967{col 40}{space 1}   -2.13{col 49}{space 3}0.033{col 57}{space 4}-92.93423{col 70}{space 3}-3.831484
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 43.19443{col 29}{space 2} 30.27983{col 40}{space 1}    1.43{col 49}{space 3}0.154{col 57}{space 4}-16.24186{col 70}{space 3} 102.6307
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-78.63606{col 29}{space 2}  25.6679{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-129.0196{col 70}{space 3}-28.25252
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 32.90942{col 29}{space 2} 23.66399{col 40}{space 1}    1.39{col 49}{space 3}0.165{col 57}{space 4}-13.54064{col 70}{space 3} 79.35947
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 27.85745{col 29}{space 2} 28.81539{col 40}{space 1}    0.97{col 49}{space 3}0.334{col 57}{space 4}-28.70429{col 70}{space 3} 84.41919
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-22.72395{col 29}{space 2} 17.27017{col 40}{space 1}   -1.32{col 49}{space 3}0.189{col 57}{space 4}-56.62358{col 70}{space 3} 11.17569
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-4.493118{col 29}{space 2} 22.19576{col 40}{space 1}   -0.20{col 49}{space 3}0.840{col 57}{space 4}-48.06119{col 70}{space 3} 39.07496
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 102.6083{col 29}{space 2} 33.63519{col 40}{space 1}    3.05{col 49}{space 3}0.002{col 57}{space 4} 36.58578{col 70}{space 3} 168.6308
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 188.6843{col 29}{space 2}  47.7639{col 40}{space 1}    3.95{col 49}{space 3}0.000{col 57}{space 4} 94.92851{col 70}{space 3} 282.4401
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-60.91795{col 29}{space 2} 23.50297{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-107.0519{col 70}{space 3}-14.78397
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 554.1136{col 29}{space 2} 69.92227{col 40}{space 1}    7.92{col 49}{space 3}0.000{col 57}{space 4} 416.8631{col 70}{space 3} 691.3641
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  293.562{col 29}{space 2} 104.8293{col 40}{space 1}    2.80{col 49}{space 3}0.005{col 57}{space 4} 87.79256{col 70}{space 3} 499.3314
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 536.3047{col 29}{space 2} 92.39168{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4}  354.949{col 70}{space 3} 717.6604
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 501.2268{col 29}{space 2} 94.63643{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 315.4649{col 70}{space 3} 686.9887
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 456.5686{col 29}{space 2}  72.6548{col 40}{space 1}    6.28{col 49}{space 3}0.000{col 57}{space 4} 313.9545{col 70}{space 3} 599.1828
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 483.3476{col 29}{space 2} 79.47904{col 40}{space 1}    6.08{col 49}{space 3}0.000{col 57}{space 4} 327.3381{col 70}{space 3}  639.357
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 270.1956{col 29}{space 2} 74.81021{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 123.3506{col 70}{space 3} 417.0406
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 691.8373{col 29}{space 2} 71.28985{col 40}{space 1}    9.70{col 49}{space 3}0.000{col 57}{space 4} 551.9024{col 70}{space 3} 831.7722
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 564.3502{col 29}{space 2} 93.04407{col 40}{space 1}    6.07{col 49}{space 3}0.000{col 57}{space 4}  381.714{col 70}{space 3} 746.9865
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 304.5617{col 29}{space 2} 81.99919{col 40}{space 1}    3.71{col 49}{space 3}0.000{col 57}{space 4} 143.6054{col 70}{space 3} 465.5179
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}  424.001{col 29}{space 2} 83.43278{col 40}{space 1}    5.08{col 49}{space 3}0.000{col 57}{space 4} 260.2308{col 70}{space 3} 587.7713
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 604.5739{col 29}{space 2} 73.55844{col 40}{space 1}    8.22{col 49}{space 3}0.000{col 57}{space 4}  460.186{col 70}{space 3} 748.9618
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 377.0082{col 29}{space 2}  79.9047{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 220.1632{col 70}{space 3} 533.8532
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 529.0697{col 29}{space 2} 78.93027{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 374.1374{col 70}{space 3}  684.002
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 612.3441{col 29}{space 2} 82.61642{col 40}{space 1}    7.41{col 49}{space 3}0.000{col 57}{space 4} 450.1763{col 70}{space 3} 774.5119
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 605.7024{col 29}{space 2} 80.62732{col 40}{space 1}    7.51{col 49}{space 3}0.000{col 57}{space 4}  447.439{col 70}{space 3} 763.9659
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 710.0517{col 29}{space 2} 82.05821{col 40}{space 1}    8.65{col 49}{space 3}0.000{col 57}{space 4} 548.9796{col 70}{space 3} 871.1238
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 765.3345{col 29}{space 2}   85.983{col 40}{space 1}    8.90{col 49}{space 3}0.000{col 57}{space 4} 596.5585{col 70}{space 3} 934.1106
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 757.2768{col 29}{space 2} 90.18991{col 40}{space 1}    8.40{col 49}{space 3}0.000{col 57}{space 4} 580.2429{col 70}{space 3} 934.3106
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 740.4226{col 29}{space 2} 87.78941{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4} 568.1007{col 70}{space 3} 912.7445
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 804.4388{col 29}{space 2} 88.94884{col 40}{space 1}    9.04{col 49}{space 3}0.000{col 57}{space 4}  629.841{col 70}{space 3} 979.0365
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 769.0465{col 29}{space 2} 97.33185{col 40}{space 1}    7.90{col 49}{space 3}0.000{col 57}{space 4} 577.9938{col 70}{space 3} 960.0993
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 635.9557{col 29}{space 2} 95.80607{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 447.8979{col 70}{space 3} 824.0135
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 764.4624{col 29}{space 2} 92.43994{col 40}{space 1}    8.27{col 49}{space 3}0.000{col 57}{space 4}  583.012{col 70}{space 3} 945.9128
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1067.909{col 29}{space 2} 101.0413{col 40}{space 1}   10.57{col 49}{space 3}0.000{col 57}{space 4} 869.5754{col 70}{space 3} 1266.244
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 990.1277{col 29}{space 2} 118.6889{col 40}{space 1}    8.34{col 49}{space 3}0.000{col 57}{space 4} 757.1532{col 70}{space 3} 1223.102
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 413.3886{col 29}{space 2} 121.5717{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 174.7555{col 70}{space 3} 652.0217
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 543.1151{col 29}{space 2}  113.016{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 321.2758{col 70}{space 3} 764.9543
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1090.002{col 29}{space 2} 111.3253{col 40}{space 1}    9.79{col 49}{space 3}0.000{col 57}{space 4} 871.4813{col 70}{space 3} 1308.522
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 880.4189{col 29}{space 2} 133.4741{col 40}{space 1}    6.60{col 49}{space 3}0.000{col 57}{space 4} 618.4225{col 70}{space 3} 1142.415
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}  1021.54{col 29}{space 2} 128.6344{col 40}{space 1}    7.94{col 49}{space 3}0.000{col 57}{space 4} 769.0439{col 70}{space 3} 1274.037
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  650.314{col 29}{space 2} 138.7346{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 377.9917{col 70}{space 3} 922.6362
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}  389.818{col 29}{space 2}  128.092{col 40}{space 1}    3.04{col 49}{space 3}0.002{col 57}{space 4}  138.386{col 70}{space 3} 641.2499
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 932.8032{col 29}{space 2} 129.7489{col 40}{space 1}    7.19{col 49}{space 3}0.000{col 57}{space 4} 678.1191{col 70}{space 3} 1187.487
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 723.8896{col 29}{space 2}  137.397{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 454.1929{col 70}{space 3} 993.5863
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 888.6524{col 29}{space 2} 147.0373{col 40}{space 1}    6.04{col 49}{space 3}0.000{col 57}{space 4} 600.0329{col 70}{space 3} 1177.272
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1275.808{col 29}{space 2} 142.8055{col 40}{space 1}    8.93{col 49}{space 3}0.000{col 57}{space 4} 995.4948{col 70}{space 3} 1556.121
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 892.0651{col 29}{space 2} 146.7527{col 40}{space 1}    6.08{col 49}{space 3}0.000{col 57}{space 4} 604.0041{col 70}{space 3} 1180.126
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 910.5565{col 29}{space 2} 144.8303{col 40}{space 1}    6.29{col 49}{space 3}0.000{col 57}{space 4} 626.2689{col 70}{space 3} 1194.844
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 856.1865{col 29}{space 2} 144.3118{col 40}{space 1}    5.93{col 49}{space 3}0.000{col 57}{space 4} 572.9167{col 70}{space 3} 1139.456
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1064.237{col 29}{space 2} 137.5431{col 40}{space 1}    7.74{col 49}{space 3}0.000{col 57}{space 4} 794.2539{col 70}{space 3} 1334.221
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1011.457{col 29}{space 2} 154.4888{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4} 708.2109{col 70}{space 3} 1314.703
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 752.6629{col 29}{space 2} 153.9789{col 40}{space 1}    4.89{col 49}{space 3}0.000{col 57}{space 4} 450.4176{col 70}{space 3} 1054.908
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 727.8875{col 29}{space 2} 151.1332{col 40}{space 1}    4.82{col 49}{space 3}0.000{col 57}{space 4}  431.228{col 70}{space 3} 1024.547
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1157.266{col 29}{space 2} 148.5126{col 40}{space 1}    7.79{col 49}{space 3}0.000{col 57}{space 4} 865.7502{col 70}{space 3} 1448.781
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 873.0508{col 29}{space 2} 163.6923{col 40}{space 1}    5.33{col 49}{space 3}0.000{col 57}{space 4} 551.7391{col 70}{space 3} 1194.363
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1052.483{col 29}{space 2} 156.2534{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4}  745.773{col 70}{space 3} 1359.193
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1014.098{col 29}{space 2} 166.2096{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4} 687.8449{col 70}{space 3} 1340.351
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1024.555{col 29}{space 2} 157.6587{col 40}{space 1}    6.50{col 49}{space 3}0.000{col 57}{space 4} 715.0864{col 70}{space 3} 1334.023
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1138.132{col 29}{space 2} 165.6801{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4} 812.9183{col 70}{space 3} 1463.345
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1354.711{col 29}{space 2} 166.9559{col 40}{space 1}    8.11{col 49}{space 3}0.000{col 57}{space 4} 1026.993{col 70}{space 3} 1682.429
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 993.4349{col 29}{space 2} 176.7635{col 40}{space 1}    5.62{col 49}{space 3}0.000{col 57}{space 4} 646.4658{col 70}{space 3} 1340.404
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1220.462{col 29}{space 2}  173.529{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 879.8421{col 70}{space 3} 1561.083
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1057.015{col 29}{space 2} 196.6055{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 671.0984{col 70}{space 3} 1442.932
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 851.0653{col 29}{space 2}  182.635{col 40}{space 1}    4.66{col 49}{space 3}0.000{col 57}{space 4} 492.5709{col 70}{space 3}  1209.56
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1033.819{col 29}{space 2} 175.3856{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 689.5545{col 70}{space 3} 1378.083
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1312.934{col 29}{space 2} 190.5288{col 40}{space 1}    6.89{col 49}{space 3}0.000{col 57}{space 4} 938.9448{col 70}{space 3} 1686.923
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1186.875{col 29}{space 2} 199.6516{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 794.9784{col 70}{space 3} 1578.771
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1387.592{col 29}{space 2} 221.3899{col 40}{space 1}    6.27{col 49}{space 3}0.000{col 57}{space 4} 953.0258{col 70}{space 3} 1822.159
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1229.868{col 29}{space 2} 201.9851{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 833.3916{col 70}{space 3} 1626.345
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1025.499{col 29}{space 2} 241.1726{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 552.1009{col 70}{space 3} 1498.897
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 337.4818{col 29}{space 2} 215.8767{col 40}{space 1}    1.56{col 49}{space 3}0.118{col 57}{space 4}-86.26263{col 70}{space 3} 761.2263
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1280.242{col 29}{space 2}  200.525{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 886.6312{col 70}{space 3} 1673.852
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-94.31002{col 29}{space 2} 93.59146{col 40}{space 1}   -1.01{col 49}{space 3}0.314{col 57}{space 4}-278.0208{col 70}{space 3} 89.40073
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       896
{txt}maximum lag: {res}8{col 49}{txt}F( 86,       809){col 67}= {res}      3.44
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.081739{col 29}{space 2} .0170044{col 40}{space 1}   -4.81{col 49}{space 3}0.000{col 57}{space 4}-.1151168{col 70}{space 3}-.0483611
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .000505{col 29}{space 2} .0004594{col 40}{space 1}    1.10{col 49}{space 3}0.272{col 57}{space 4}-.0003968{col 70}{space 3} .0014067
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0091596{col 29}{space 2} .0258933{col 40}{space 1}   -0.35{col 49}{space 3}0.724{col 57}{space 4}-.0599855{col 70}{space 3} .0416663
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.55e-06{col 29}{space 2} .0014123{col 40}{space 1}    0.00{col 49}{space 3}0.999{col 57}{space 4}-.0027706{col 70}{space 3} .0027737
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1328099{col 29}{space 2} .0570683{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}-.2448292{col 70}{space 3}-.0207905
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035608{col 29}{space 2} .0015913{col 40}{space 1}    2.24{col 49}{space 3}0.026{col 57}{space 4} .0004373{col 70}{space 3} .0066842
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0056939{col 29}{space 2} .0234411{col 40}{space 1}   -0.24{col 49}{space 3}0.808{col 57}{space 4}-.0517064{col 70}{space 3} .0403186
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0004258{col 29}{space 2} .0015936{col 40}{space 1}   -0.27{col 49}{space 3}0.789{col 57}{space 4}-.0035538{col 70}{space 3} .0027023
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0308206{col 29}{space 2} .0516562{col 40}{space 1}   -0.60{col 49}{space 3}0.551{col 57}{space 4}-.1322166{col 70}{space 3} .0705754
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0009619{col 29}{space 2} .0014214{col 40}{space 1}    0.68{col 49}{space 3}0.499{col 57}{space 4}-.0018282{col 70}{space 3}  .003752
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.3040087{col 29}{space 2} .9196907{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4} -2.10927{col 70}{space 3} 1.501253
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .7493924{col 29}{space 2} 1.611585{col 40}{space 1}    0.47{col 49}{space 3}0.642{col 57}{space 4}-2.413989{col 70}{space 3} 3.912774
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .2560891{col 29}{space 2} .7984793{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4}-1.311246{col 70}{space 3} 1.823425
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.189061{col 29}{space 2} 1.030422{col 40}{space 1}    2.12{col 49}{space 3}0.034{col 57}{space 4}  .166445{col 70}{space 3} 4.211677
{txt}{space 12}22  {c |}{col 17}{res}{space 2} .0158856{col 29}{space 2} .9039511{col 40}{space 1}    0.02{col 49}{space 3}0.986{col 57}{space 4}-1.758481{col 70}{space 3} 1.790252
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .8821748{col 29}{space 2} 1.000334{col 40}{space 1}    0.88{col 49}{space 3}0.378{col 57}{space 4}-1.081381{col 70}{space 3}  2.84573
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8788258{col 29}{space 2} .8418367{col 40}{space 1}    1.04{col 49}{space 3}0.297{col 57}{space 4} -.773616{col 70}{space 3} 2.531268
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.015342{col 29}{space 2} 1.043326{col 40}{space 1}    0.97{col 49}{space 3}0.331{col 57}{space 4}-1.032604{col 70}{space 3} 3.063288
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.111609{col 29}{space 2} .8443733{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.5458121{col 70}{space 3}  2.76903
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  2.48431{col 29}{space 2} 1.236417{col 40}{space 1}    2.01{col 49}{space 3}0.045{col 57}{space 4} .0573465{col 70}{space 3} 4.911274
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2046036{col 29}{space 2}  1.20107{col 40}{space 1}    0.17{col 49}{space 3}0.865{col 57}{space 4}-2.152978{col 70}{space 3} 2.562185
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .4403274{col 29}{space 2} 1.127292{col 40}{space 1}    0.39{col 49}{space 3}0.696{col 57}{space 4}-1.772434{col 70}{space 3} 2.653089
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .7005633{col 29}{space 2} 1.178134{col 40}{space 1}    0.59{col 49}{space 3}0.552{col 57}{space 4}-1.611997{col 70}{space 3} 3.013124
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.5993186{col 29}{space 2} 1.836891{col 40}{space 1}   -0.33{col 49}{space 3}0.744{col 57}{space 4}-4.204954{col 70}{space 3} 3.006317
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.243952{col 29}{space 2} 3.270777{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-10.66416{col 70}{space 3} 2.176259
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.614767{col 29}{space 2} 2.618871{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4} -7.75535{col 70}{space 3} 2.525816
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.754649{col 29}{space 2} 2.134135{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-6.943744{col 70}{space 3} 1.434445
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.882198{col 29}{space 2} 2.013352{col 40}{space 1}   -0.93{col 49}{space 3}0.350{col 57}{space 4}-5.834208{col 70}{space 3} 2.069813
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.5500778{col 29}{space 2} 1.894393{col 40}{space 1}   -0.29{col 49}{space 3}0.772{col 57}{space 4}-4.268583{col 70}{space 3} 3.168427
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.918551{col 29}{space 2} 1.859348{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-6.568266{col 70}{space 3} .7311642
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.532361{col 29}{space 2} 2.161732{col 40}{space 1}   -1.17{col 49}{space 3}0.242{col 57}{space 4}-6.775627{col 70}{space 3} 1.710904
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.463624{col 29}{space 2} 2.322873{col 40}{space 1}   -1.49{col 49}{space 3}0.136{col 57}{space 4}-8.023193{col 70}{space 3} 1.095945
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.3857763{col 29}{space 2} 2.383524{col 40}{space 1}   -0.16{col 49}{space 3}0.871{col 57}{space 4}-5.064398{col 70}{space 3} 4.292845
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -1.78369{col 29}{space 2} 1.794094{col 40}{space 1}   -0.99{col 49}{space 3}0.320{col 57}{space 4}-5.305319{col 70}{space 3} 1.737939
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.963767{col 29}{space 2}  3.10897{col 40}{space 1}   -2.24{col 49}{space 3}0.025{col 57}{space 4}-13.06637{col 70}{space 3}-.8611674
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.790149{col 29}{space 2}  2.20584{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-8.119994{col 70}{space 3} .5396968
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-1.278589{col 29}{space 2} 2.470848{col 40}{space 1}   -0.52{col 49}{space 3}0.605{col 57}{space 4}-6.128619{col 70}{space 3}  3.57144
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.675062{col 29}{space 2} 2.359479{col 40}{space 1}   -1.13{col 49}{space 3}0.257{col 57}{space 4}-7.306486{col 70}{space 3} 1.956361
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .3340544{col 29}{space 2} 2.561795{col 40}{space 1}    0.13{col 49}{space 3}0.896{col 57}{space 4}-4.694494{col 70}{space 3} 5.362603
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -.399141{col 29}{space 2} 2.980811{col 40}{space 1}   -0.13{col 49}{space 3}0.894{col 57}{space 4}-6.250177{col 70}{space 3} 5.451895
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.608035{col 29}{space 2}  3.30701{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-10.09937{col 70}{space 3} 2.883298
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.187819{col 29}{space 2} 2.676197{col 40}{space 1}   -0.82{col 49}{space 3}0.414{col 57}{space 4}-7.440927{col 70}{space 3} 3.065289
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 7.923612{col 29}{space 2} 5.483097{col 40}{space 1}    1.45{col 49}{space 3}0.149{col 57}{space 4}-2.839162{col 70}{space 3} 18.68639
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-1.550214{col 29}{space 2} 3.048906{col 40}{space 1}   -0.51{col 49}{space 3}0.611{col 57}{space 4}-7.534913{col 70}{space 3} 4.434485
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .2759127{col 29}{space 2} 3.824044{col 40}{space 1}    0.07{col 49}{space 3}0.942{col 57}{space 4}-7.230305{col 70}{space 3} 7.782131
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-2.193285{col 29}{space 2} 3.105531{col 40}{space 1}   -0.71{col 49}{space 3}0.480{col 57}{space 4}-8.289133{col 70}{space 3} 3.902564
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  -4.5389{col 29}{space 2} 3.115397{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-10.65412{col 70}{space 3} 1.576315
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-4.152324{col 29}{space 2} 3.412356{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-10.85044{col 70}{space 3} 2.545793
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1.152534{col 29}{space 2} 3.840152{col 40}{space 1}    0.30{col 49}{space 3}0.764{col 57}{space 4}-6.385302{col 70}{space 3} 8.690371
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-4.572684{col 29}{space 2} 3.370693{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4}-11.18902{col 70}{space 3} 2.043652
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-10.91646{col 29}{space 2} 4.486529{col 40}{space 1}   -2.43{col 49}{space 3}0.015{col 57}{space 4}-19.72307{col 70}{space 3}-2.109849
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.379243{col 29}{space 2} 3.472211{col 40}{space 1}   -1.26{col 49}{space 3}0.208{col 57}{space 4}-11.19485{col 70}{space 3} 2.436362
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-7.424606{col 29}{space 2} 4.299666{col 40}{space 1}   -1.73{col 49}{space 3}0.085{col 57}{space 4}-15.86442{col 70}{space 3} 1.015212
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.246202{col 29}{space 2}  3.79192{col 40}{space 1}   -1.12{col 49}{space 3}0.263{col 57}{space 4}-11.68936{col 70}{space 3}  3.19696
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.597905{col 29}{space 2} 3.961299{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-9.373541{col 70}{space 3} 6.177731
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-1.835347{col 29}{space 2} 3.349812{col 40}{space 1}   -0.55{col 49}{space 3}0.584{col 57}{space 4}-8.410696{col 70}{space 3} 4.740002
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 2.062616{col 29}{space 2} 3.666144{col 40}{space 1}    0.56{col 49}{space 3}0.574{col 57}{space 4}-5.133662{col 70}{space 3} 9.258893
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-2.599272{col 29}{space 2} 4.059592{col 40}{space 1}   -0.64{col 49}{space 3}0.522{col 57}{space 4}-10.56785{col 70}{space 3} 5.369304
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-4.505846{col 29}{space 2} 4.393029{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-13.12893{col 70}{space 3} 4.117232
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.739002{col 29}{space 2} 4.138873{col 40}{space 1}   -0.90{col 49}{space 3}0.367{col 57}{space 4} -11.8632{col 70}{space 3} 4.385194
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.311813{col 29}{space 2} 5.008541{col 40}{space 1}    0.66{col 49}{space 3}0.509{col 57}{space 4}-6.519456{col 70}{space 3} 13.14308
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.612252{col 29}{space 2} 3.866741{col 40}{space 1}   -0.93{col 49}{space 3}0.350{col 57}{space 4}-11.20228{col 70}{space 3} 3.977776
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .5067665{col 29}{space 2} 4.181984{col 40}{space 1}    0.12{col 49}{space 3}0.904{col 57}{space 4}-7.702053{col 70}{space 3} 8.715586
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.879429{col 29}{space 2}  4.12298{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4}-10.97243{col 70}{space 3} 5.213571
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -.565281{col 29}{space 2} 4.811487{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-10.00975{col 70}{space 3}  8.87919
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.645717{col 29}{space 2} 4.306257{col 40}{space 1}   -0.61{col 49}{space 3}0.539{col 57}{space 4}-11.09847{col 70}{space 3} 5.807038
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-1.401901{col 29}{space 2} 4.440668{col 40}{space 1}   -0.32{col 49}{space 3}0.752{col 57}{space 4}-10.11849{col 70}{space 3} 7.314689
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} -.096608{col 29}{space 2} 4.482067{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4} -8.89446{col 70}{space 3} 8.701244
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .3090437{col 29}{space 2} 5.108134{col 40}{space 1}    0.06{col 49}{space 3}0.952{col 57}{space 4}-9.717716{col 70}{space 3}  10.3358
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-.5543383{col 29}{space 2} 4.587474{col 40}{space 1}   -0.12{col 49}{space 3}0.904{col 57}{space 4}-9.559095{col 70}{space 3} 8.450418
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.44551{col 29}{space 2} 5.256915{col 40}{space 1}    1.99{col 49}{space 3}0.047{col 57}{space 4} .1267062{col 70}{space 3} 20.76431
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.518849{col 29}{space 2} 5.186934{col 40}{space 1}    0.29{col 49}{space 3}0.770{col 57}{space 4}-8.662587{col 70}{space 3} 11.70029
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} .6916099{col 29}{space 2} 4.714494{col 40}{space 1}    0.15{col 49}{space 3}0.883{col 57}{space 4}-8.562473{col 70}{space 3} 9.945692
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.022072{col 29}{space 2} 5.021633{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-11.87904{col 70}{space 3} 7.834896
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-5.204285{col 29}{space 2} 5.469385{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-15.94014{col 70}{space 3} 5.531574
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.276663{col 29}{space 2} 4.872905{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-11.84169{col 70}{space 3} 7.288365
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-2.104079{col 29}{space 2} 5.398971{col 40}{space 1}   -0.39{col 49}{space 3}0.697{col 57}{space 4}-12.70172{col 70}{space 3} 8.493566
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.73072{col 29}{space 2}  4.82402{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-13.19979{col 70}{space 3} 5.738351
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  .857018{col 29}{space 2} 5.565352{col 40}{space 1}    0.15{col 49}{space 3}0.878{col 57}{space 4}-10.06721{col 70}{space 3} 11.78125
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.834059{col 29}{space 2} 5.528504{col 40}{space 1}   -0.33{col 49}{space 3}0.740{col 57}{space 4}-12.68596{col 70}{space 3} 9.017845
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.531416{col 29}{space 2} 6.001164{col 40}{space 1}   -0.26{col 49}{space 3}0.799{col 57}{space 4} -13.3111{col 70}{space 3} 10.24827
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.724601{col 29}{space 2} 5.715116{col 40}{space 1}   -0.48{col 49}{space 3}0.634{col 57}{space 4}-13.94281{col 70}{space 3} 8.493604
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.792607{col 29}{space 2} 6.078557{col 40}{space 1}   -0.62{col 49}{space 3}0.533{col 57}{space 4}-15.72421{col 70}{space 3} 8.138996
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.128423{col 29}{space 2} 5.721339{col 40}{space 1}   -0.37{col 49}{space 3}0.710{col 57}{space 4}-13.35884{col 70}{space 3} 9.101997
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -3.43568{col 29}{space 2} 5.897944{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-15.01276{col 70}{space 3} 8.141397
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.535483{col 29}{space 2} 6.992602{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-15.26127{col 70}{space 3}  12.1903
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-.2104824{col 29}{space 2} 2.274236{col 40}{space 1}   -0.09{col 49}{space 3}0.926{col 57}{space 4}-4.674583{col 70}{space 3} 4.253618
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       896
{txt}{hline 13}{c +}{hline 34}   F(86, 809)      = {res}    20.39
{txt}       Model {c |} {res}   43176404        86   502051.21   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 19921359.1       809  24624.6713   {txt}R-squared       ={res}    0.6843
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6507
{txt}       Total {c |} {res} 63097763.1       895   70500.294   {txt}Root MSE        =   {res} 156.92

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0657999{col 29}{space 2} .0121149{col 40}{space 1}   -5.43{col 49}{space 3}0.000{col 57}{space 4}-.0895802{col 70}{space 3}-.0420195
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.177715{col 29}{space 2} .4557941{col 40}{space 1}    2.58{col 49}{space 3}0.010{col 57}{space 4} .2830365{col 70}{space 3} 2.072394
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1633946{col 29}{space 2} .0349169{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} .0948561{col 70}{space 3} .2319331
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0354927{col 29}{space 2} .9145006{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-1.830567{col 70}{space 3} 1.759581
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1486249{col 29}{space 2} .0377452{col 40}{space 1}    3.94{col 49}{space 3}0.000{col 57}{space 4} .0745349{col 70}{space 3}  .222715
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.166654{col 29}{space 2} .9775101{col 40}{space 1}   -1.19{col 49}{space 3}0.233{col 57}{space 4}-3.085409{col 70}{space 3} .7521014
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0451932{col 29}{space 2} .0400212{col 40}{space 1}   -1.13{col 49}{space 3}0.259{col 57}{space 4}-.1237508{col 70}{space 3} .0333644
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.155751{col 29}{space 2} .9599002{col 40}{space 1}   -1.20{col 49}{space 3}0.229{col 57}{space 4}-3.039939{col 70}{space 3} .7284383
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0447144{col 29}{space 2} .0387998{col 40}{space 1}    1.15{col 49}{space 3}0.249{col 57}{space 4}-.0314458{col 70}{space 3} .1208746
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .6954884{col 29}{space 2} .9474168{col 40}{space 1}    0.73{col 49}{space 3}0.463{col 57}{space 4}-1.164197{col 70}{space 3} 2.555173
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-25.27609{col 29}{space 2} 28.16275{col 40}{space 1}   -0.90{col 49}{space 3}0.370{col 57}{space 4}-80.55677{col 70}{space 3}  30.0046
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 116.8054{col 29}{space 2} 36.65866{col 40}{space 1}    3.19{col 49}{space 3}0.001{col 57}{space 4} 44.84812{col 70}{space 3} 188.7627
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 61.40438{col 29}{space 2} 30.13478{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 2.252803{col 70}{space 3}  120.556
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-48.38286{col 29}{space 2} 32.83237{col 40}{space 1}   -1.47{col 49}{space 3}0.141{col 57}{space 4}-112.8295{col 70}{space 3} 16.06383
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 43.19443{col 29}{space 2} 28.20693{col 40}{space 1}    1.53{col 49}{space 3}0.126{col 57}{space 4}-12.17298{col 70}{space 3} 98.56184
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-78.63606{col 29}{space 2} 30.88616{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-139.2625{col 70}{space 3} -18.0096
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 32.90942{col 29}{space 2} 29.40226{col 40}{space 1}    1.12{col 49}{space 3}0.263{col 57}{space 4} -24.8043{col 70}{space 3} 90.62314
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 27.85745{col 29}{space 2} 30.31744{col 40}{space 1}    0.92{col 49}{space 3}0.358{col 57}{space 4}-31.65268{col 70}{space 3} 87.36758
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-22.72395{col 29}{space 2} 28.27515{col 40}{space 1}   -0.80{col 49}{space 3}0.422{col 57}{space 4}-78.22525{col 70}{space 3} 32.77736
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-4.493118{col 29}{space 2}  32.7357{col 40}{space 1}   -0.14{col 49}{space 3}0.891{col 57}{space 4}-68.75005{col 70}{space 3} 59.76382
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 102.6083{col 29}{space 2}  33.5329{col 40}{space 1}    3.06{col 49}{space 3}0.002{col 57}{space 4} 36.78655{col 70}{space 3} 168.4301
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 188.6843{col 29}{space 2} 39.52371{col 40}{space 1}    4.77{col 49}{space 3}0.000{col 57}{space 4} 111.1032{col 70}{space 3} 266.2654
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-60.91795{col 29}{space 2} 30.99644{col 40}{space 1}   -1.97{col 49}{space 3}0.050{col 57}{space 4}-121.7609{col 70}{space 3}-.0750207
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 554.1136{col 29}{space 2} 63.08483{col 40}{space 1}    8.78{col 49}{space 3}0.000{col 57}{space 4} 430.2844{col 70}{space 3} 677.9428
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  293.562{col 29}{space 2} 73.39619{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 149.4925{col 70}{space 3} 437.6314
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 536.3047{col 29}{space 2} 76.23141{col 40}{space 1}    7.04{col 49}{space 3}0.000{col 57}{space 4}   386.67{col 70}{space 3} 685.9394
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 501.2268{col 29}{space 2} 73.19508{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 357.5521{col 70}{space 3} 644.9014
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 456.5686{col 29}{space 2} 67.63848{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4}  323.801{col 70}{space 3} 589.3362
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 483.3476{col 29}{space 2} 67.38793{col 40}{space 1}    7.17{col 49}{space 3}0.000{col 57}{space 4} 351.0718{col 70}{space 3} 615.6234
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 270.1956{col 29}{space 2} 65.15538{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 142.3021{col 70}{space 3} 398.0891
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 691.8373{col 29}{space 2} 64.04107{col 40}{space 1}   10.80{col 49}{space 3}0.000{col 57}{space 4} 566.1311{col 70}{space 3} 817.5436
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 564.3502{col 29}{space 2} 68.47882{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4} 429.9331{col 70}{space 3} 698.7673
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 304.5617{col 29}{space 2} 69.88696{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 167.3805{col 70}{space 3} 441.7428
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}  424.001{col 29}{space 2} 67.40926{col 40}{space 1}    6.29{col 49}{space 3}0.000{col 57}{space 4} 291.6833{col 70}{space 3} 556.3187
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 604.5739{col 29}{space 2} 64.73145{col 40}{space 1}    9.34{col 49}{space 3}0.000{col 57}{space 4} 477.5125{col 70}{space 3} 731.6353
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 377.0082{col 29}{space 2} 69.40698{col 40}{space 1}    5.43{col 49}{space 3}0.000{col 57}{space 4} 240.7691{col 70}{space 3} 513.2472
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 529.0697{col 29}{space 2} 69.71726{col 40}{space 1}    7.59{col 49}{space 3}0.000{col 57}{space 4} 392.2216{col 70}{space 3} 665.9177
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 612.3441{col 29}{space 2} 69.47133{col 40}{space 1}    8.81{col 49}{space 3}0.000{col 57}{space 4} 475.9788{col 70}{space 3} 748.7094
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 605.7024{col 29}{space 2} 70.31519{col 40}{space 1}    8.61{col 49}{space 3}0.000{col 57}{space 4} 467.6807{col 70}{space 3} 743.7242
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 710.0517{col 29}{space 2} 72.11303{col 40}{space 1}    9.85{col 49}{space 3}0.000{col 57}{space 4}  568.501{col 70}{space 3} 851.6024
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 765.3345{col 29}{space 2} 72.21952{col 40}{space 1}   10.60{col 49}{space 3}0.000{col 57}{space 4} 623.5748{col 70}{space 3} 907.0943
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 757.2768{col 29}{space 2} 73.59592{col 40}{space 1}   10.29{col 49}{space 3}0.000{col 57}{space 4} 612.8153{col 70}{space 3} 901.7382
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 740.4226{col 29}{space 2} 74.54756{col 40}{space 1}    9.93{col 49}{space 3}0.000{col 57}{space 4} 594.0932{col 70}{space 3} 886.7521
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 804.4388{col 29}{space 2} 74.86815{col 40}{space 1}   10.74{col 49}{space 3}0.000{col 57}{space 4}   657.48{col 70}{space 3} 951.3975
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 769.0465{col 29}{space 2} 76.89979{col 40}{space 1}   10.00{col 49}{space 3}0.000{col 57}{space 4} 618.0999{col 70}{space 3} 919.9931
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 635.9557{col 29}{space 2}  78.3761{col 40}{space 1}    8.11{col 49}{space 3}0.000{col 57}{space 4} 482.1112{col 70}{space 3} 789.8002
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 764.4624{col 29}{space 2} 77.47426{col 40}{space 1}    9.87{col 49}{space 3}0.000{col 57}{space 4} 612.3881{col 70}{space 3} 916.5367
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1067.909{col 29}{space 2} 79.95797{col 40}{space 1}   13.36{col 49}{space 3}0.000{col 57}{space 4} 910.9599{col 70}{space 3} 1224.859
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 990.1277{col 29}{space 2} 87.34481{col 40}{space 1}   11.34{col 49}{space 3}0.000{col 57}{space 4} 818.6785{col 70}{space 3} 1161.577
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 413.3886{col 29}{space 2} 91.15081{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 234.4686{col 70}{space 3} 592.3086
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 543.1151{col 29}{space 2} 86.19755{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 373.9178{col 70}{space 3} 712.3123
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1090.002{col 29}{space 2} 85.06672{col 40}{space 1}   12.81{col 49}{space 3}0.000{col 57}{space 4} 923.0242{col 70}{space 3} 1256.979
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 880.4189{col 29}{space 2} 96.32787{col 40}{space 1}    9.14{col 49}{space 3}0.000{col 57}{space 4} 691.3369{col 70}{space 3} 1069.501
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}  1021.54{col 29}{space 2}  102.018{col 40}{space 1}   10.01{col 49}{space 3}0.000{col 57}{space 4} 821.2893{col 70}{space 3} 1221.791
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  650.314{col 29}{space 2} 101.5672{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 450.9477{col 70}{space 3} 849.6803
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}  389.818{col 29}{space 2} 95.50591{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 202.3493{col 70}{space 3} 577.2866
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 932.8032{col 29}{space 2} 94.99216{col 40}{space 1}    9.82{col 49}{space 3}0.000{col 57}{space 4}  746.343{col 70}{space 3} 1119.263
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 723.8896{col 29}{space 2} 101.3459{col 40}{space 1}    7.14{col 49}{space 3}0.000{col 57}{space 4} 524.9577{col 70}{space 3} 922.8216
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 888.6524{col 29}{space 2} 106.1078{col 40}{space 1}    8.37{col 49}{space 3}0.000{col 57}{space 4} 680.3733{col 70}{space 3} 1096.932
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1275.808{col 29}{space 2} 107.4704{col 40}{space 1}   11.87{col 49}{space 3}0.000{col 57}{space 4} 1064.854{col 70}{space 3} 1486.762
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 892.0651{col 29}{space 2} 108.2395{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4} 679.6017{col 70}{space 3} 1104.529
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 910.5565{col 29}{space 2} 108.5611{col 40}{space 1}    8.39{col 49}{space 3}0.000{col 57}{space 4} 697.4618{col 70}{space 3} 1123.651
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 856.1865{col 29}{space 2} 106.1175{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 647.8884{col 70}{space 3} 1064.485
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1064.237{col 29}{space 2} 105.8816{col 40}{space 1}   10.05{col 49}{space 3}0.000{col 57}{space 4} 856.4023{col 70}{space 3} 1272.072
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1011.457{col 29}{space 2} 111.9235{col 40}{space 1}    9.04{col 49}{space 3}0.000{col 57}{space 4} 791.7622{col 70}{space 3} 1231.152
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 752.6629{col 29}{space 2} 114.8611{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4} 527.2019{col 70}{space 3} 978.1238
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 727.8875{col 29}{space 2} 113.9537{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4} 504.2077{col 70}{space 3} 951.5673
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1157.266{col 29}{space 2} 112.3626{col 40}{space 1}   10.30{col 49}{space 3}0.000{col 57}{space 4} 936.7091{col 70}{space 3} 1377.822
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 873.0508{col 29}{space 2} 119.6126{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 638.2632{col 70}{space 3} 1107.838
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1052.483{col 29}{space 2} 122.0986{col 40}{space 1}    8.62{col 49}{space 3}0.000{col 57}{space 4} 812.8153{col 70}{space 3}  1292.15
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1014.098{col 29}{space 2}  123.247{col 40}{space 1}    8.23{col 49}{space 3}0.000{col 57}{space 4} 772.1762{col 70}{space 3}  1256.02
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1024.555{col 29}{space 2} 121.5671{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4} 785.9305{col 70}{space 3} 1263.179
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1138.132{col 29}{space 2} 124.6047{col 40}{space 1}    9.13{col 49}{space 3}0.000{col 57}{space 4} 893.5452{col 70}{space 3} 1382.718
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1354.711{col 29}{space 2} 125.9335{col 40}{space 1}   10.76{col 49}{space 3}0.000{col 57}{space 4} 1107.516{col 70}{space 3} 1601.906
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 993.4349{col 29}{space 2} 130.6269{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 737.0272{col 70}{space 3} 1249.843
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1220.462{col 29}{space 2} 129.9263{col 40}{space 1}    9.39{col 49}{space 3}0.000{col 57}{space 4} 965.4301{col 70}{space 3} 1475.495
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1057.015{col 29}{space 2} 132.4088{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4} 797.1101{col 70}{space 3} 1316.921
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 851.0653{col 29}{space 2} 134.0838{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 587.8721{col 70}{space 3} 1114.259
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1033.819{col 29}{space 2} 136.6391{col 40}{space 1}    7.57{col 49}{space 3}0.000{col 57}{space 4}   765.61{col 70}{space 3} 1302.028
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1312.934{col 29}{space 2}  138.332{col 40}{space 1}    9.49{col 49}{space 3}0.000{col 57}{space 4} 1041.402{col 70}{space 3} 1584.466
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1186.875{col 29}{space 2} 145.7813{col 40}{space 1}    8.14{col 49}{space 3}0.000{col 57}{space 4} 900.7203{col 70}{space 3} 1473.029
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1387.592{col 29}{space 2} 148.5974{col 40}{space 1}    9.34{col 49}{space 3}0.000{col 57}{space 4}  1095.91{col 70}{space 3} 1679.274
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1229.868{col 29}{space 2} 149.7781{col 40}{space 1}    8.21{col 49}{space 3}0.000{col 57}{space 4} 935.8688{col 70}{space 3} 1523.868
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1025.499{col 29}{space 2} 149.5957{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 731.8573{col 70}{space 3}  1319.14
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 337.4818{col 29}{space 2} 150.3356{col 40}{space 1}    2.24{col 49}{space 3}0.025{col 57}{space 4} 42.38798{col 70}{space 3} 632.5757
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1280.242{col 29}{space 2} 146.5143{col 40}{space 1}    8.74{col 49}{space 3}0.000{col 57}{space 4} 992.6488{col 70}{space 3} 1567.835
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-94.31002{col 29}{space 2} 66.61652{col 40}{space 1}   -1.42{col 49}{space 3}0.157{col 57}{space 4}-225.0716{col 70}{space 3} 36.45159
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       896{col 27}-6272.059{col 38}-5755.563{col 49}    87{col 58} 11685.13{col 69} 12102.55
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       896
{txt}{hline 13}{c +}{hline 34}   F(86, 809)      = {res}     3.79
{txt}       Model {c |} {res} 11841.5226        86  137.692124   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 29426.1491       809  36.3734846   {txt}R-squared       ={res}    0.2869
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2111
{txt}       Total {c |} {res} 41267.6717       895  46.1091304   {txt}Root MSE        =   {res}  6.031

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.081739{col 29}{space 2} .0176794{col 40}{space 1}   -4.62{col 49}{space 3}0.000{col 57}{space 4}-.1164418{col 70}{space 3}-.0470362
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .000505{col 29}{space 2} .0004643{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-.0004064{col 70}{space 3} .0014163
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0091596{col 29}{space 2} .0377756{col 40}{space 1}   -0.24{col 49}{space 3}0.808{col 57}{space 4}-.0833093{col 70}{space 3}   .06499
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.55e-06{col 29}{space 2} .0013505{col 40}{space 1}    0.00{col 49}{space 3}0.999{col 57}{space 4}-.0026493{col 70}{space 3} .0026524
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1328099{col 29}{space 2} .0376923{col 40}{space 1}   -3.52{col 49}{space 3}0.000{col 57}{space 4}-.2067961{col 70}{space 3}-.0588236
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035608{col 29}{space 2} .0013452{col 40}{space 1}    2.65{col 49}{space 3}0.008{col 57}{space 4} .0009202{col 70}{space 3} .0062013
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0056939{col 29}{space 2} .0365691{col 40}{space 1}   -0.16{col 49}{space 3}0.876{col 57}{space 4}-.0774753{col 70}{space 3} .0660875
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0004258{col 29}{space 2} .0014645{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-.0033004{col 70}{space 3} .0024489
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0308206{col 29}{space 2} .0356626{col 40}{space 1}   -0.86{col 49}{space 3}0.388{col 57}{space 4}-.1008227{col 70}{space 3} .0391814
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0009619{col 29}{space 2} .0015178{col 40}{space 1}    0.63{col 49}{space 3}0.526{col 57}{space 4}-.0020173{col 70}{space 3} .0039411
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.3040087{col 29}{space 2} 1.082691{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-2.429223{col 70}{space 3} 1.821205
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .7493924{col 29}{space 2} 1.406475{col 40}{space 1}    0.53{col 49}{space 3}0.594{col 57}{space 4}-2.011378{col 70}{space 3} 3.510162
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .2560891{col 29}{space 2}  1.15837{col 40}{space 1}    0.22{col 49}{space 3}0.825{col 57}{space 4}-2.017676{col 70}{space 3} 2.529854
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.189061{col 29}{space 2} 1.270785{col 40}{space 1}    1.72{col 49}{space 3}0.085{col 57}{space 4} -.305364{col 70}{space 3} 4.683486
{txt}{space 12}22  {c |}{col 17}{res}{space 2} .0158856{col 29}{space 2} 1.085508{col 40}{space 1}    0.01{col 49}{space 3}0.988{col 57}{space 4}-2.114859{col 70}{space 3}  2.14663
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .8821748{col 29}{space 2} 1.188145{col 40}{space 1}    0.74{col 49}{space 3}0.458{col 57}{space 4}-1.450036{col 70}{space 3} 3.214385
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8788258{col 29}{space 2} 1.129361{col 40}{space 1}    0.78{col 49}{space 3}0.437{col 57}{space 4}-1.337997{col 70}{space 3} 3.095649
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.015342{col 29}{space 2} 1.164089{col 40}{space 1}    0.87{col 49}{space 3}0.383{col 57}{space 4}-1.269649{col 70}{space 3} 3.300333
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.111609{col 29}{space 2} 1.086907{col 40}{space 1}    1.02{col 49}{space 3}0.307{col 57}{space 4}-1.021882{col 70}{space 3}   3.2451
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  2.48431{col 29}{space 2} 1.260717{col 40}{space 1}    1.97{col 49}{space 3}0.049{col 57}{space 4}  .009648{col 70}{space 3} 4.958972
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2046036{col 29}{space 2} 1.287852{col 40}{space 1}    0.16{col 49}{space 3}0.874{col 57}{space 4}-2.323322{col 70}{space 3} 2.732529
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .4403274{col 29}{space 2} 1.528507{col 40}{space 1}    0.29{col 49}{space 3}0.773{col 57}{space 4} -2.55998{col 70}{space 3} 3.440634
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .7005633{col 29}{space 2} 1.202805{col 40}{space 1}    0.58{col 49}{space 3}0.560{col 57}{space 4}-1.660424{col 70}{space 3} 3.061551
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.5993186{col 29}{space 2} 2.538578{col 40}{space 1}   -0.24{col 49}{space 3}0.813{col 57}{space 4}-5.582296{col 70}{space 3} 4.383658
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.243952{col 29}{space 2} 2.822853{col 40}{space 1}   -1.50{col 49}{space 3}0.133{col 57}{space 4}-9.784932{col 70}{space 3} 1.297028
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.614767{col 29}{space 2}  2.76414{col 40}{space 1}   -0.95{col 49}{space 3}0.344{col 57}{space 4}  -8.0405{col 70}{space 3} 2.810966
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.754649{col 29}{space 2} 2.590623{col 40}{space 1}   -1.06{col 49}{space 3}0.288{col 57}{space 4}-7.839786{col 70}{space 3} 2.330487
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.882198{col 29}{space 2}  2.63225{col 40}{space 1}   -0.72{col 49}{space 3}0.475{col 57}{space 4}-7.049043{col 70}{space 3} 3.284648
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.5500778{col 29}{space 2}  2.54095{col 40}{space 1}   -0.22{col 49}{space 3}0.829{col 57}{space 4}-5.537711{col 70}{space 3} 4.437555
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.918551{col 29}{space 2} 2.496419{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-7.818774{col 70}{space 3} 1.981672
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.532361{col 29}{space 2} 2.564423{col 40}{space 1}   -0.99{col 49}{space 3}0.324{col 57}{space 4}-7.566069{col 70}{space 3} 2.501346
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.463624{col 29}{space 2} 2.684217{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-8.732476{col 70}{space 3} 1.805228
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.3857763{col 29}{space 2} 2.659707{col 40}{space 1}   -0.15{col 49}{space 3}0.885{col 57}{space 4}-5.606517{col 70}{space 3} 4.834964
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -1.78369{col 29}{space 2} 2.456143{col 40}{space 1}   -0.73{col 49}{space 3}0.468{col 57}{space 4}-6.604854{col 70}{space 3} 3.037474
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.963767{col 29}{space 2} 2.581525{col 40}{space 1}   -2.70{col 49}{space 3}0.007{col 57}{space 4}-12.03104{col 70}{space 3}-1.896489
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.790149{col 29}{space 2} 2.667819{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-9.026812{col 70}{space 3} 1.446514
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-1.278589{col 29}{space 2} 2.621567{col 40}{space 1}   -0.49{col 49}{space 3}0.626{col 57}{space 4}-6.424466{col 70}{space 3} 3.867287
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.675062{col 29}{space 2} 2.656285{col 40}{space 1}   -1.01{col 49}{space 3}0.314{col 57}{space 4}-7.889086{col 70}{space 3} 2.538961
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .3340544{col 29}{space 2} 2.776652{col 40}{space 1}    0.12{col 49}{space 3}0.904{col 57}{space 4}-5.116238{col 70}{space 3} 5.784347
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -.399141{col 29}{space 2} 2.777363{col 40}{space 1}   -0.14{col 49}{space 3}0.886{col 57}{space 4}-5.850829{col 70}{space 3} 5.052547
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.608035{col 29}{space 2} 2.853762{col 40}{space 1}   -1.26{col 49}{space 3}0.206{col 57}{space 4}-9.209687{col 70}{space 3} 1.993617
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.187819{col 29}{space 2} 2.912765{col 40}{space 1}   -0.75{col 49}{space 3}0.453{col 57}{space 4}-7.905287{col 70}{space 3} 3.529649
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 7.923612{col 29}{space 2} 2.920892{col 40}{space 1}    2.71{col 49}{space 3}0.007{col 57}{space 4} 2.190191{col 70}{space 3} 13.65703
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-1.550214{col 29}{space 2} 2.999052{col 40}{space 1}   -0.52{col 49}{space 3}0.605{col 57}{space 4}-7.437054{col 70}{space 3} 4.336627
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .2759127{col 29}{space 2} 3.069088{col 40}{space 1}    0.09{col 49}{space 3}0.928{col 57}{space 4}-5.748403{col 70}{space 3} 6.300228
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-2.193285{col 29}{space 2} 3.057753{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4} -8.19535{col 70}{space 3} 3.808781
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  -4.5389{col 29}{space 2} 3.075777{col 40}{space 1}   -1.48{col 49}{space 3}0.140{col 57}{space 4}-10.57634{col 70}{space 3} 1.498544
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-4.152324{col 29}{space 2} 3.316125{col 40}{space 1}   -1.25{col 49}{space 3}0.211{col 57}{space 4}-10.66155{col 70}{space 3}   2.3569
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1.152534{col 29}{space 2} 3.532148{col 40}{space 1}    0.33{col 49}{space 3}0.744{col 57}{space 4}-5.780722{col 70}{space 3}  8.08579
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-4.572684{col 29}{space 2} 3.398036{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-11.24269{col 70}{space 3} 2.097323
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-10.91646{col 29}{space 2} 3.200045{col 40}{space 1}   -3.41{col 49}{space 3}0.001{col 57}{space 4}-17.19783{col 70}{space 3}-4.635088
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.379243{col 29}{space 2} 3.523104{col 40}{space 1}   -1.24{col 49}{space 3}0.214{col 57}{space 4}-11.29475{col 70}{space 3} 2.536259
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-7.424606{col 29}{space 2}  3.84904{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-14.97989{col 70}{space 3} .1306777
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.246202{col 29}{space 2} 3.893785{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-11.88931{col 70}{space 3}  3.39691
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.597905{col 29}{space 2} 3.694633{col 40}{space 1}   -0.43{col 49}{space 3}0.665{col 57}{space 4}-8.850103{col 70}{space 3} 5.654292
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-1.835347{col 29}{space 2} 3.608892{col 40}{space 1}   -0.51{col 49}{space 3}0.611{col 57}{space 4}-8.919243{col 70}{space 3} 5.248549
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 2.062616{col 29}{space 2} 3.692056{col 40}{space 1}    0.56{col 49}{space 3}0.577{col 57}{space 4}-5.184523{col 70}{space 3} 9.309754
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-2.599272{col 29}{space 2} 3.943537{col 40}{space 1}   -0.66{col 49}{space 3}0.510{col 57}{space 4}-10.34004{col 70}{space 3} 5.141499
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-4.505846{col 29}{space 2} 4.040362{col 40}{space 1}   -1.12{col 49}{space 3}0.265{col 57}{space 4}-12.43668{col 70}{space 3} 3.424983
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.739002{col 29}{space 2} 4.059392{col 40}{space 1}   -0.92{col 49}{space 3}0.357{col 57}{space 4}-11.70719{col 70}{space 3} 4.229182
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.311813{col 29}{space 2} 4.175912{col 40}{space 1}    0.79{col 49}{space 3}0.428{col 57}{space 4}-4.885087{col 70}{space 3} 11.50871
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.612252{col 29}{space 2} 4.076784{col 40}{space 1}   -0.89{col 49}{space 3}0.376{col 57}{space 4}-11.61457{col 70}{space 3}  4.39007
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .5067665{col 29}{space 2} 4.021922{col 40}{space 1}    0.13{col 49}{space 3}0.900{col 57}{space 4}-7.387866{col 70}{space 3} 8.401399
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.879429{col 29}{space 2} 4.244367{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4} -11.2107{col 70}{space 3} 5.451841
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -.565281{col 29}{space 2}  4.36846{col 40}{space 1}   -0.13{col 49}{space 3}0.897{col 57}{space 4}-9.140134{col 70}{space 3} 8.009572
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.645717{col 29}{space 2} 4.358459{col 40}{space 1}   -0.61{col 49}{space 3}0.544{col 57}{space 4}-11.20094{col 70}{space 3} 5.909506
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-1.401901{col 29}{space 2} 4.234621{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4}-9.714042{col 70}{space 3} 6.910239
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} -.096608{col 29}{space 2}  4.43805{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4} -8.80806{col 70}{space 3} 8.614844
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .3090437{col 29}{space 2} 4.601605{col 40}{space 1}    0.07{col 49}{space 3}0.946{col 57}{space 4}-8.723449{col 70}{space 3} 9.341537
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-.5543383{col 29}{space 2}  4.64309{col 40}{space 1}   -0.12{col 49}{space 3}0.905{col 57}{space 4}-9.668263{col 70}{space 3} 8.559587
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.44551{col 29}{space 2} 4.568792{col 40}{space 1}    2.29{col 49}{space 3}0.022{col 57}{space 4} 1.477423{col 70}{space 3} 19.41359
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.518849{col 29}{space 2} 4.729323{col 40}{space 1}    0.32{col 49}{space 3}0.748{col 57}{space 4}-7.764342{col 70}{space 3} 10.80204
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} .6916099{col 29}{space 2} 4.771397{col 40}{space 1}    0.14{col 49}{space 3}0.885{col 57}{space 4}-8.674169{col 70}{space 3} 10.05739
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.022072{col 29}{space 2} 4.992849{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4}-11.82254{col 70}{space 3} 7.778396
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-5.204285{col 29}{space 2} 5.013162{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4}-15.04462{col 70}{space 3} 4.636054
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.276663{col 29}{space 2} 5.040872{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-12.17139{col 70}{space 3} 7.618067
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-2.104079{col 29}{space 2} 5.082123{col 40}{space 1}   -0.41{col 49}{space 3}0.679{col 57}{space 4}-12.07978{col 70}{space 3} 7.871624
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.73072{col 29}{space 2} 5.178308{col 40}{space 1}   -0.72{col 49}{space 3}0.471{col 57}{space 4}-13.89523{col 70}{space 3} 6.433785
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  .857018{col 29}{space 2} 5.175302{col 40}{space 1}    0.17{col 49}{space 3}0.869{col 57}{space 4}-9.301585{col 70}{space 3} 11.01562
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.834059{col 29}{space 2} 5.448915{col 40}{space 1}   -0.34{col 49}{space 3}0.737{col 57}{space 4}-12.52974{col 70}{space 3} 8.861619
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.531416{col 29}{space 2} 5.616434{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4}-12.55592{col 70}{space 3} 9.493085
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.724601{col 29}{space 2} 5.681467{col 40}{space 1}   -0.48{col 49}{space 3}0.632{col 57}{space 4}-13.87676{col 70}{space 3} 8.427555
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.792607{col 29}{space 2} 5.690372{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-14.96224{col 70}{space 3} 7.377028
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.128423{col 29}{space 2} 5.724349{col 40}{space 1}   -0.37{col 49}{space 3}0.710{col 57}{space 4}-13.36475{col 70}{space 3} 9.107907
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -3.43568{col 29}{space 2} 5.549555{col 40}{space 1}   -0.62{col 49}{space 3}0.536{col 57}{space 4} -14.3289{col 70}{space 3} 7.457544
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.535483{col 29}{space 2}  5.71508{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4}-12.75362{col 70}{space 3} 9.682651
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-.2104824{col 29}{space 2} 2.580812{col 40}{space 1}   -0.08{col 49}{space 3}0.935{col 57}{space 4} -5.27636{col 70}{space 3} 4.855395
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 1.B: SOUTHERN STATES (N = 14): FULL TIME PERIOD *** ARDL (4,3)
. 
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if nonsouth==0) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if nonsouth==0), corr
. 
. //estat ic
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       910
{txt}maximum lag: {res}8{col 49}{txt}F( 85,       824){col 67}= {res}     53.59
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0638299{col 29}{space 2} .0173964{col 40}{space 1}   -3.67{col 49}{space 3}0.000{col 57}{space 4}-.0979764{col 70}{space 3}-.0296834
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.328851{col 29}{space 2} .4455357{col 40}{space 1}    2.98{col 49}{space 3}0.003{col 57}{space 4} .4543323{col 70}{space 3} 2.203369
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1637879{col 29}{space 2} .0801149{col 40}{space 1}    2.04{col 49}{space 3}0.041{col 57}{space 4} .0065346{col 70}{space 3} .3210412
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0317693{col 29}{space 2}  .955935{col 40}{space 1}    0.03{col 49}{space 3}0.973{col 57}{space 4}-1.844585{col 70}{space 3} 1.908123
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1422596{col 29}{space 2} .0627895{col 40}{space 1}    2.27{col 49}{space 3}0.024{col 57}{space 4} .0190135{col 70}{space 3} .2655057
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.433779{col 29}{space 2} .8890432{col 40}{space 1}   -1.61{col 49}{space 3}0.107{col 57}{space 4}-3.178835{col 70}{space 3} .3112769
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0571363{col 29}{space 2}  .046741{col 40}{space 1}   -1.22{col 49}{space 3}0.222{col 57}{space 4}-.1488818{col 70}{space 3} .0346092
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.9607607{col 29}{space 2} 1.023637{col 40}{space 1}   -0.94{col 49}{space 3}0.348{col 57}{space 4}-2.970003{col 70}{space 3} 1.048482
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-21.27978{col 29}{space 2} 14.84969{col 40}{space 1}   -1.43{col 49}{space 3}0.152{col 57}{space 4}-50.42745{col 70}{space 3} 7.867886
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 109.4456{col 29}{space 2} 38.93795{col 40}{space 1}    2.81{col 49}{space 3}0.005{col 57}{space 4} 33.01639{col 70}{space 3} 185.8749
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 57.20202{col 29}{space 2} 29.52407{col 40}{space 1}    1.94{col 49}{space 3}0.053{col 57}{space 4}-.7492237{col 70}{space 3} 115.1533
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-51.38775{col 29}{space 2} 22.40483{col 40}{space 1}   -2.29{col 49}{space 3}0.022{col 57}{space 4}-95.36501{col 70}{space 3}-7.410495
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 41.07063{col 29}{space 2} 30.04157{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-17.89637{col 70}{space 3} 100.0376
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-74.45667{col 29}{space 2} 25.51803{col 40}{space 1}   -2.92{col 49}{space 3}0.004{col 57}{space 4}-124.5447{col 70}{space 3}-24.36869
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 33.94402{col 29}{space 2} 23.92149{col 40}{space 1}    1.42{col 49}{space 3}0.156{col 57}{space 4} -13.0102{col 70}{space 3} 80.89824
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 21.20848{col 29}{space 2} 29.43427{col 40}{space 1}    0.72{col 49}{space 3}0.471{col 57}{space 4}-36.56649{col 70}{space 3} 78.98346
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-19.74238{col 29}{space 2} 18.74506{col 40}{space 1}   -1.05{col 49}{space 3}0.293{col 57}{space 4}-56.53607{col 70}{space 3} 17.05131
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-13.89125{col 29}{space 2} 22.88577{col 40}{space 1}   -0.61{col 49}{space 3}0.544{col 57}{space 4}-58.81252{col 70}{space 3} 31.03001
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 98.03439{col 29}{space 2} 33.48838{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} 32.30182{col 70}{space 3}  163.767
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 186.1981{col 29}{space 2} 46.15518{col 40}{space 1}    4.03{col 49}{space 3}0.000{col 57}{space 4} 95.60254{col 70}{space 3} 276.7937
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-63.37822{col 29}{space 2} 22.91741{col 40}{space 1}   -2.77{col 49}{space 3}0.006{col 57}{space 4}-108.3616{col 70}{space 3}-18.39485
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 116.0069{col 29}{space 2} 82.90889{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4} -46.7306{col 70}{space 3} 278.7444
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 654.8856{col 29}{space 2} 68.22751{col 40}{space 1}    9.60{col 49}{space 3}0.000{col 57}{space 4} 520.9655{col 70}{space 3} 788.8058
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 370.9841{col 29}{space 2} 101.4341{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 171.8845{col 70}{space 3} 570.0838
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 595.0307{col 29}{space 2} 71.65821{col 40}{space 1}    8.30{col 49}{space 3}0.000{col 57}{space 4} 454.3766{col 70}{space 3} 735.6848
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 565.4491{col 29}{space 2} 65.21941{col 40}{space 1}    8.67{col 49}{space 3}0.000{col 57}{space 4} 437.4334{col 70}{space 3} 693.4649
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 541.8254{col 29}{space 2} 59.81123{col 40}{space 1}    9.06{col 49}{space 3}0.000{col 57}{space 4} 424.4251{col 70}{space 3} 659.2257
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 563.5286{col 29}{space 2} 60.56787{col 40}{space 1}    9.30{col 49}{space 3}0.000{col 57}{space 4} 444.6431{col 70}{space 3}  682.414
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 363.0258{col 29}{space 2} 56.94619{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 251.2491{col 70}{space 3} 474.8024
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 781.6341{col 29}{space 2} 60.34049{col 40}{space 1}   12.95{col 49}{space 3}0.000{col 57}{space 4} 663.1949{col 70}{space 3} 900.0732
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 653.3924{col 29}{space 2} 72.14704{col 40}{space 1}    9.06{col 49}{space 3}0.000{col 57}{space 4} 511.7788{col 70}{space 3}  795.006
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 390.9556{col 29}{space 2} 66.80544{col 40}{space 1}    5.85{col 49}{space 3}0.000{col 57}{space 4} 259.8267{col 70}{space 3} 522.0845
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 504.8707{col 29}{space 2} 66.56894{col 40}{space 1}    7.58{col 49}{space 3}0.000{col 57}{space 4} 374.2061{col 70}{space 3} 635.5354
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 699.9284{col 29}{space 2} 59.56561{col 40}{space 1}   11.75{col 49}{space 3}0.000{col 57}{space 4} 583.0103{col 70}{space 3} 816.8466
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 465.4706{col 29}{space 2} 63.58804{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4}  340.657{col 70}{space 3} 590.2842
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 609.5983{col 29}{space 2} 65.03928{col 40}{space 1}    9.37{col 49}{space 3}0.000{col 57}{space 4} 481.9361{col 70}{space 3} 737.2605
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 690.9178{col 29}{space 2} 62.02986{col 40}{space 1}   11.14{col 49}{space 3}0.000{col 57}{space 4} 569.1627{col 70}{space 3} 812.6729
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 692.0933{col 29}{space 2} 65.11367{col 40}{space 1}   10.63{col 49}{space 3}0.000{col 57}{space 4} 564.2852{col 70}{space 3} 819.9015
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 791.3147{col 29}{space 2} 63.86216{col 40}{space 1}   12.39{col 49}{space 3}0.000{col 57}{space 4} 665.9631{col 70}{space 3} 916.6664
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 850.8611{col 29}{space 2} 66.79473{col 40}{space 1}   12.74{col 49}{space 3}0.000{col 57}{space 4} 719.7532{col 70}{space 3} 981.9689
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 846.4199{col 29}{space 2} 72.10176{col 40}{space 1}   11.74{col 49}{space 3}0.000{col 57}{space 4} 704.8951{col 70}{space 3} 987.9446
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 831.3372{col 29}{space 2} 71.39968{col 40}{space 1}   11.64{col 49}{space 3}0.000{col 57}{space 4} 691.1906{col 70}{space 3} 971.4839
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 898.4975{col 29}{space 2}   73.899{col 40}{space 1}   12.16{col 49}{space 3}0.000{col 57}{space 4}  753.445{col 70}{space 3}  1043.55
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 860.9438{col 29}{space 2} 84.23327{col 40}{space 1}   10.22{col 49}{space 3}0.000{col 57}{space 4} 695.6068{col 70}{space 3} 1026.281
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 736.4304{col 29}{space 2} 83.71178{col 40}{space 1}    8.80{col 49}{space 3}0.000{col 57}{space 4}  572.117{col 70}{space 3} 900.7438
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  855.392{col 29}{space 2} 80.69104{col 40}{space 1}   10.60{col 49}{space 3}0.000{col 57}{space 4} 697.0078{col 70}{space 3} 1013.776
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1158.699{col 29}{space 2} 90.02181{col 40}{space 1}   12.87{col 49}{space 3}0.000{col 57}{space 4} 982.0002{col 70}{space 3} 1335.398
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1075.961{col 29}{space 2} 105.1977{col 40}{space 1}   10.23{col 49}{space 3}0.000{col 57}{space 4} 869.4737{col 70}{space 3} 1282.448
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 493.9369{col 29}{space 2} 106.4778{col 40}{space 1}    4.64{col 49}{space 3}0.000{col 57}{space 4} 284.9372{col 70}{space 3} 702.9367
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 629.3535{col 29}{space 2}  105.907{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 421.4743{col 70}{space 3} 837.2327
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1189.315{col 29}{space 2} 106.3093{col 40}{space 1}   11.19{col 49}{space 3}0.000{col 57}{space 4} 980.6463{col 70}{space 3} 1397.984
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 969.2213{col 29}{space 2} 123.4682{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 726.8722{col 70}{space 3}  1211.57
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1079.011{col 29}{space 2} 116.8115{col 40}{space 1}    9.24{col 49}{space 3}0.000{col 57}{space 4} 849.7276{col 70}{space 3} 1308.294
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 719.1624{col 29}{space 2} 123.6468{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4} 476.4625{col 70}{space 3} 961.8622
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 479.9683{col 29}{space 2} 125.9704{col 40}{space 1}    3.81{col 49}{space 3}0.000{col 57}{space 4} 232.7077{col 70}{space 3} 727.2289
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1015.939{col 29}{space 2} 128.3511{col 40}{space 1}    7.92{col 49}{space 3}0.000{col 57}{space 4} 764.0053{col 70}{space 3} 1267.873
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 809.2487{col 29}{space 2} 131.5696{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 550.9977{col 70}{space 3}   1067.5
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 951.8082{col 29}{space 2} 140.0041{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 677.0015{col 70}{space 3} 1226.615
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1331.772{col 29}{space 2} 126.1043{col 40}{space 1}   10.56{col 49}{space 3}0.000{col 57}{space 4} 1084.248{col 70}{space 3} 1579.295
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 964.5074{col 29}{space 2}   134.99{col 40}{space 1}    7.15{col 49}{space 3}0.000{col 57}{space 4} 699.5426{col 70}{space 3} 1229.472
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 978.9615{col 29}{space 2} 134.2151{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 715.5179{col 70}{space 3} 1242.405
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 932.9917{col 29}{space 2} 134.2902{col 40}{space 1}    6.95{col 49}{space 3}0.000{col 57}{space 4} 669.4006{col 70}{space 3} 1196.583
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1161.491{col 29}{space 2} 133.2912{col 40}{space 1}    8.71{col 49}{space 3}0.000{col 57}{space 4} 899.8611{col 70}{space 3} 1423.122
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}  1085.19{col 29}{space 2} 144.8825{col 40}{space 1}    7.49{col 49}{space 3}0.000{col 57}{space 4} 800.8079{col 70}{space 3} 1369.572
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 828.7254{col 29}{space 2} 147.4974{col 40}{space 1}    5.62{col 49}{space 3}0.000{col 57}{space 4} 539.2106{col 70}{space 3}  1118.24
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  797.171{col 29}{space 2} 144.8647{col 40}{space 1}    5.50{col 49}{space 3}0.000{col 57}{space 4} 512.8238{col 70}{space 3} 1081.518
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}  1236.32{col 29}{space 2} 144.6111{col 40}{space 1}    8.55{col 49}{space 3}0.000{col 57}{space 4} 952.4706{col 70}{space 3}  1520.17
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 942.8675{col 29}{space 2} 156.6774{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 635.3338{col 70}{space 3} 1250.401
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1112.635{col 29}{space 2} 151.1653{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 815.9203{col 70}{space 3} 1409.349
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1071.543{col 29}{space 2} 155.0921{col 40}{space 1}    6.91{col 49}{space 3}0.000{col 57}{space 4} 767.1205{col 70}{space 3} 1375.965
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1101.267{col 29}{space 2} 153.3017{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4} 800.3595{col 70}{space 3} 1402.175
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1197.978{col 29}{space 2} 158.5375{col 40}{space 1}    7.56{col 49}{space 3}0.000{col 57}{space 4}  886.793{col 70}{space 3} 1509.163
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}  1431.42{col 29}{space 2} 160.9604{col 40}{space 1}    8.89{col 49}{space 3}0.000{col 57}{space 4}  1115.48{col 70}{space 3} 1747.361
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1059.435{col 29}{space 2} 168.4379{col 40}{space 1}    6.29{col 49}{space 3}0.000{col 57}{space 4} 728.8169{col 70}{space 3} 1390.053
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1289.219{col 29}{space 2} 170.1255{col 40}{space 1}    7.58{col 49}{space 3}0.000{col 57}{space 4} 955.2891{col 70}{space 3}  1623.15
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1129.136{col 29}{space 2} 184.5012{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 766.9883{col 70}{space 3} 1491.284
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 929.6721{col 29}{space 2} 179.0084{col 40}{space 1}    5.19{col 49}{space 3}0.000{col 57}{space 4}  578.306{col 70}{space 3} 1281.038
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1097.931{col 29}{space 2}  170.866{col 40}{space 1}    6.43{col 49}{space 3}0.000{col 57}{space 4} 762.5469{col 70}{space 3} 1433.314
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1384.155{col 29}{space 2} 186.9451{col 40}{space 1}    7.40{col 49}{space 3}0.000{col 57}{space 4} 1017.211{col 70}{space 3}   1751.1
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1241.882{col 29}{space 2} 193.5085{col 40}{space 1}    6.42{col 49}{space 3}0.000{col 57}{space 4} 862.0546{col 70}{space 3}  1621.71
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1439.437{col 29}{space 2} 211.2004{col 40}{space 1}    6.82{col 49}{space 3}0.000{col 57}{space 4} 1024.883{col 70}{space 3} 1853.991
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1285.716{col 29}{space 2}  191.277{col 40}{space 1}    6.72{col 49}{space 3}0.000{col 57}{space 4} 910.2686{col 70}{space 3} 1661.164
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1094.254{col 29}{space 2} 233.4078{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 636.1107{col 70}{space 3} 1552.398
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 402.7544{col 29}{space 2} 216.0186{col 40}{space 1}    1.86{col 49}{space 3}0.063{col 57}{space 4} -21.2571{col 70}{space 3} 826.7659
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1352.287{col 29}{space 2} 202.6336{col 40}{space 1}    6.67{col 49}{space 3}0.000{col 57}{space 4} 954.5484{col 70}{space 3} 1750.026
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-183.2119{col 29}{space 2} 78.67702{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}-337.6429{col 70}{space 3}-28.78092
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       910
{txt}maximum lag: {res}8{col 49}{txt}F( 85,       824){col 67}= {res}      3.37
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0842211{col 29}{space 2} .0165506{col 40}{space 1}   -5.09{col 49}{space 3}0.000{col 57}{space 4}-.1167074{col 70}{space 3}-.0517347
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0006163{col 29}{space 2}  .000429{col 40}{space 1}    1.44{col 49}{space 3}0.151{col 57}{space 4}-.0002258{col 70}{space 3} .0014584
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0060871{col 29}{space 2} .0261262{col 40}{space 1}   -0.23{col 49}{space 3}0.816{col 57}{space 4}-.0573689{col 70}{space 3} .0451947
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 6.34e-06{col 29}{space 2} .0013821{col 40}{space 1}    0.00{col 49}{space 3}0.996{col 57}{space 4}-.0027065{col 70}{space 3} .0027192
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1217334{col 29}{space 2} .0538062{col 40}{space 1}   -2.26{col 49}{space 3}0.024{col 57}{space 4}-.2273468{col 70}{space 3}  -.01612
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035171{col 29}{space 2} .0015907{col 40}{space 1}    2.21{col 49}{space 3}0.027{col 57}{space 4} .0003949{col 70}{space 3} .0066393
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0032117{col 29}{space 2} .0221227{col 40}{space 1}    0.15{col 49}{space 3}0.885{col 57}{space 4}-.0402118{col 70}{space 3} .0466351
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0003133{col 29}{space 2} .0015809{col 40}{space 1}   -0.20{col 49}{space 3}0.843{col 57}{space 4}-.0034163{col 70}{space 3} .0027897
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.2440337{col 29}{space 2} .9039281{col 40}{space 1}   -0.27{col 49}{space 3}0.787{col 57}{space 4}-2.018306{col 70}{space 3} 1.530239
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .5504869{col 29}{space 2} 1.515511{col 40}{space 1}    0.36{col 49}{space 3}0.717{col 57}{space 4}-2.424229{col 70}{space 3} 3.525203
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .1601078{col 29}{space 2} .7631362{col 40}{space 1}    0.21{col 49}{space 3}0.834{col 57}{space 4}-1.337812{col 70}{space 3} 1.658028
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.314492{col 29}{space 2} 1.011245{col 40}{space 1}    2.29{col 49}{space 3}0.022{col 57}{space 4} .3295725{col 70}{space 3} 4.299412
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.0242207{col 29}{space 2} .8843049{col 40}{space 1}   -0.03{col 49}{space 3}0.978{col 57}{space 4}-1.759976{col 70}{space 3} 1.711535
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .9933637{col 29}{space 2}  .958162{col 40}{space 1}    1.04{col 49}{space 3}0.300{col 57}{space 4}-.8873618{col 70}{space 3} 2.874089
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8435902{col 29}{space 2} .8164443{col 40}{space 1}    1.03{col 49}{space 3}0.302{col 57}{space 4}-.7589651{col 70}{space 3} 2.446146
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9979961{col 29}{space 2} 1.009499{col 40}{space 1}    0.99{col 49}{space 3}0.323{col 57}{space 4}-.9834953{col 70}{space 3} 2.979487
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.121258{col 29}{space 2} .8207303{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-.4897102{col 70}{space 3} 2.732226
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.530729{col 29}{space 2} 1.180765{col 40}{space 1}    2.14{col 49}{space 3}0.032{col 57}{space 4}  .213069{col 70}{space 3}  4.84839
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .0403988{col 29}{space 2} 1.140272{col 40}{space 1}    0.04{col 49}{space 3}0.972{col 57}{space 4}-2.197781{col 70}{space 3} 2.278579
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .2805774{col 29}{space 2} 1.061648{col 40}{space 1}    0.26{col 49}{space 3}0.792{col 57}{space 4}-1.803276{col 70}{space 3} 2.364431
{txt}{space 12}54  {c |}{col 17}{res}{space 2}  .864619{col 29}{space 2} 1.111363{col 40}{space 1}    0.78{col 49}{space 3}0.437{col 57}{space 4}-1.316816{col 70}{space 3} 3.046054
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.094984{col 29}{space 2} 1.420966{col 40}{space 1}    1.47{col 49}{space 3}0.141{col 57}{space 4}-.6941544{col 70}{space 3} 4.884123
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}  1.33635{col 29}{space 2} 1.755107{col 40}{space 1}    0.76{col 49}{space 3}0.447{col 57}{space 4}-2.108658{col 70}{space 3} 4.781357
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.699703{col 29}{space 2} 2.339679{col 40}{space 1}   -1.15{col 49}{space 3}0.249{col 57}{space 4}-7.292135{col 70}{space 3} 1.892728
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.107209{col 29}{space 2} 1.875987{col 40}{space 1}   -0.59{col 49}{space 3}0.555{col 57}{space 4}-4.789485{col 70}{space 3} 2.575067
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.7395706{col 29}{space 2} 1.559932{col 40}{space 1}   -0.47{col 49}{space 3}0.636{col 57}{space 4}-3.801478{col 70}{space 3} 2.322337
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.0637584{col 29}{space 2} 1.190472{col 40}{space 1}   -0.05{col 49}{space 3}0.957{col 57}{space 4}-2.400472{col 70}{space 3} 2.272956
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.551823{col 29}{space 2} 1.426167{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-1.247525{col 70}{space 3} 4.351172
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.9424869{col 29}{space 2} 1.084207{col 40}{space 1}   -0.87{col 49}{space 3}0.385{col 57}{space 4} -3.07062{col 70}{space 3} 1.185647
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} -.629742{col 29}{space 2} 1.562488{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-3.696667{col 70}{space 3} 2.437183
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-1.565405{col 29}{space 2} 1.639262{col 40}{space 1}   -0.95{col 49}{space 3}0.340{col 57}{space 4}-4.783026{col 70}{space 3} 1.652216
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.220231{col 29}{space 2}  1.83422{col 40}{space 1}    0.67{col 49}{space 3}0.506{col 57}{space 4}-2.380062{col 70}{space 3} 4.820525
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} .2710075{col 29}{space 2} 1.141105{col 40}{space 1}    0.24{col 49}{space 3}0.812{col 57}{space 4}-1.968807{col 70}{space 3} 2.510822
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-5.007789{col 29}{space 2} 2.660129{col 40}{space 1}   -1.88{col 49}{space 3}0.060{col 57}{space 4}-10.22921{col 70}{space 3} .2136377
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.102628{col 29}{space 2} 1.369259{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-4.790273{col 70}{space 3} .5850171
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .4022493{col 29}{space 2} 1.710511{col 40}{space 1}    0.24{col 49}{space 3}0.814{col 57}{space 4}-2.955223{col 70}{space 3} 3.759722
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.7539315{col 29}{space 2} 1.744882{col 40}{space 1}   -0.43{col 49}{space 3}0.666{col 57}{space 4}-4.178868{col 70}{space 3} 2.671005
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 2.136168{col 29}{space 2} 1.876834{col 40}{space 1}    1.14{col 49}{space 3}0.255{col 57}{space 4}-1.547771{col 70}{space 3} 5.820106
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1.358651{col 29}{space 2} 2.407391{col 40}{space 1}    0.56{col 49}{space 3}0.573{col 57}{space 4}-3.366689{col 70}{space 3} 6.083992
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-1.921854{col 29}{space 2} 2.757925{col 40}{space 1}   -0.70{col 49}{space 3}0.486{col 57}{space 4}-7.335238{col 70}{space 3}  3.49153
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-.4937769{col 29}{space 2} 1.898163{col 40}{space 1}   -0.26{col 49}{space 3}0.795{col 57}{space 4}-4.219581{col 70}{space 3} 3.232027
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 9.611624{col 29}{space 2} 4.917625{col 40}{space 1}    1.95{col 49}{space 3}0.051{col 57}{space 4}-.0409209{col 70}{space 3} 19.26417
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} .1811114{col 29}{space 2} 2.374136{col 40}{space 1}    0.08{col 49}{space 3}0.939{col 57}{space 4}-4.478954{col 70}{space 3} 4.841177
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1.973524{col 29}{space 2} 3.309779{col 40}{space 1}    0.60{col 49}{space 3}0.551{col 57}{space 4}-4.523067{col 70}{space 3} 8.470114
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-.6034963{col 29}{space 2} 2.388037{col 40}{space 1}   -0.25{col 49}{space 3}0.801{col 57}{space 4}-5.290849{col 70}{space 3} 4.083856
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.169855{col 29}{space 2}  2.40754{col 40}{space 1}   -1.32{col 49}{space 3}0.188{col 57}{space 4}-7.895488{col 70}{space 3} 1.555778
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-2.505149{col 29}{space 2} 2.784328{col 40}{space 1}   -0.90{col 49}{space 3}0.369{col 57}{space 4}-7.970359{col 70}{space 3}  2.96006
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  2.62823{col 29}{space 2} 3.089719{col 40}{space 1}    0.85{col 49}{space 3}0.395{col 57}{space 4}-3.436416{col 70}{space 3} 8.692877
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-3.060119{col 29}{space 2} 2.472721{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-7.913693{col 70}{space 3} 1.793455
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-9.113796{col 29}{space 2} 4.144543{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4} -17.2489{col 70}{space 3}-.9786919
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-2.587046{col 29}{space 2} 3.106742{col 40}{space 1}   -0.83{col 49}{space 3}0.405{col 57}{space 4}-8.685106{col 70}{space 3} 3.511014
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-6.310796{col 29}{space 2} 3.455994{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-13.09438{col 70}{space 3}  .472792
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-3.022053{col 29}{space 2} 2.851175{col 40}{space 1}   -1.06{col 49}{space 3}0.289{col 57}{space 4}-8.618474{col 70}{space 3} 2.574368
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} .2807545{col 29}{space 2} 3.474468{col 40}{space 1}    0.08{col 49}{space 3}0.936{col 57}{space 4}-6.539096{col 70}{space 3} 7.100605
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-.3926698{col 29}{space 2} 2.674291{col 40}{space 1}   -0.15{col 49}{space 3}0.883{col 57}{space 4}-5.641894{col 70}{space 3} 4.856554
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 3.662858{col 29}{space 2} 3.383957{col 40}{space 1}    1.08{col 49}{space 3}0.279{col 57}{space 4}-2.979333{col 70}{space 3} 10.30505
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-1.425677{col 29}{space 2} 3.345814{col 40}{space 1}   -0.43{col 49}{space 3}0.670{col 57}{space 4}-7.992998{col 70}{space 3} 5.141644
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-3.779245{col 29}{space 2} 3.595561{col 40}{space 1}   -1.05{col 49}{space 3}0.294{col 57}{space 4}-10.83678{col 70}{space 3} 3.278291
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.477955{col 29}{space 2} 3.450293{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-9.250352{col 70}{space 3} 4.294443
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.339371{col 29}{space 2} 4.185971{col 40}{space 1}    1.04{col 49}{space 3}0.300{col 57}{space 4} -3.87705{col 70}{space 3} 12.55579
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.377895{col 29}{space 2} 3.070576{col 40}{space 1}   -0.77{col 49}{space 3}0.439{col 57}{space 4}-8.404967{col 70}{space 3} 3.649177
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.101734{col 29}{space 2}  3.69661{col 40}{space 1}    0.57{col 49}{space 3}0.570{col 57}{space 4}-5.154147{col 70}{space 3} 9.357614
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  -1.6664{col 29}{space 2} 3.444004{col 40}{space 1}   -0.48{col 49}{space 3}0.629{col 57}{space 4}-8.426452{col 70}{space 3} 5.093653
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} .3992947{col 29}{space 2} 4.100792{col 40}{space 1}    0.10{col 49}{space 3}0.922{col 57}{space 4}-7.649932{col 70}{space 3} 8.448522
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-1.578143{col 29}{space 2} 3.494911{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-8.438118{col 70}{space 3} 5.281833
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.2260901{col 29}{space 2} 3.842485{col 40}{space 1}   -0.06{col 49}{space 3}0.953{col 57}{space 4}-7.768301{col 70}{space 3} 7.316121
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1.139927{col 29}{space 2}  3.90158{col 40}{space 1}    0.29{col 49}{space 3}0.770{col 57}{space 4}-6.518277{col 70}{space 3} 8.798131
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1.242059{col 29}{space 2} 4.374703{col 40}{space 1}    0.28{col 49}{space 3}0.777{col 57}{space 4}-7.344814{col 70}{space 3} 9.828932
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  .273678{col 29}{space 2} 3.725129{col 40}{space 1}    0.07{col 49}{space 3}0.941{col 57}{space 4}-7.038181{col 70}{space 3} 7.585537
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 11.64526{col 29}{space 2} 4.581434{col 40}{space 1}    2.54{col 49}{space 3}0.011{col 57}{space 4} 2.652603{col 70}{space 3} 20.63791
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 2.407117{col 29}{space 2} 4.445123{col 40}{space 1}    0.54{col 49}{space 3}0.588{col 57}{space 4} -6.31798{col 70}{space 3} 11.13222
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1.627061{col 29}{space 2} 4.098483{col 40}{space 1}    0.40{col 49}{space 3}0.691{col 57}{space 4}-6.417634{col 70}{space 3} 9.671756
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-1.111702{col 29}{space 2} 4.243223{col 40}{space 1}   -0.26{col 49}{space 3}0.793{col 57}{space 4}  -9.4405{col 70}{space 3} 7.217097
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.556667{col 29}{space 2} 4.730869{col 40}{space 1}   -0.96{col 49}{space 3}0.336{col 57}{space 4}-13.84264{col 70}{space 3} 4.729306
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.273691{col 29}{space 2} 4.106297{col 40}{space 1}   -0.31{col 49}{space 3}0.757{col 57}{space 4}-9.333723{col 70}{space 3} 6.786342
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.7641021{col 29}{space 2} 4.805723{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}  -10.197{col 70}{space 3} 8.668797
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.758593{col 29}{space 2} 4.042057{col 40}{space 1}   -0.68{col 49}{space 3}0.495{col 57}{space 4}-10.69253{col 70}{space 3} 5.175346
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 2.059289{col 29}{space 2} 4.804965{col 40}{space 1}    0.43{col 49}{space 3}0.668{col 57}{space 4}-7.372121{col 70}{space 3}  11.4907
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.8851161{col 29}{space 2}  4.82666{col 40}{space 1}   -0.18{col 49}{space 3}0.855{col 57}{space 4}-10.35911{col 70}{space 3} 8.588879
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.8753273{col 29}{space 2} 5.143319{col 40}{space 1}   -0.17{col 49}{space 3}0.865{col 57}{space 4}-10.97088{col 70}{space 3} 9.220222
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-1.952359{col 29}{space 2} 4.850097{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-11.47236{col 70}{space 3}  7.56764
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-2.888372{col 29}{space 2} 5.385822{col 40}{space 1}   -0.54{col 49}{space 3}0.592{col 57}{space 4}-13.45992{col 70}{space 3} 7.683174
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} -1.29531{col 29}{space 2} 4.948579{col 40}{space 1}   -0.26{col 49}{space 3}0.794{col 57}{space 4}-11.00861{col 70}{space 3} 8.417995
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-2.412034{col 29}{space 2}   5.3044{col 40}{space 1}   -0.45{col 49}{space 3}0.649{col 57}{space 4}-12.82376{col 70}{space 3} 7.999692
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-.5961009{col 29}{space 2} 6.508091{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4}-13.37049{col 70}{space 3} 12.17829
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  -2.4886{col 29}{space 2}   1.9251{col 40}{space 1}   -1.29{col 49}{space 3}0.196{col 57}{space 4}-6.267277{col 70}{space 3} 1.290077
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 1.C: SOUTHERN STATES (N = 14): FULL TIME PERIOD *** ARDL (1,1)
. 
. //qui sureg (d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if nonsouth==0) (d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if nonsouth==0), corr
. 
. //estat ic
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       952
{txt}maximum lag: {res}8{col 49}{txt}F( 83,       868){col 67}= {res}     48.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0458489{col 29}{space 2} .0156527{col 40}{space 1}   -2.93{col 49}{space 3}0.003{col 57}{space 4}-.0765704{col 70}{space 3}-.0151274
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9928807{col 29}{space 2} .4579706{col 40}{space 1}    2.17{col 49}{space 3}0.030{col 57}{space 4} .0940215{col 70}{space 3}  1.89174
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .1865175{col 29}{space 2}  .865232{col 40}{space 1}    0.22{col 49}{space 3}0.829{col 57}{space 4}-1.511674{col 70}{space 3} 1.884709
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-14.49809{col 29}{space 2} 16.49025{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-46.86352{col 70}{space 3} 17.86734
{txt}{space 12}12  {c |}{col 17}{res}{space 2}  86.3529{col 29}{space 2}  38.1857{col 40}{space 1}    2.26{col 49}{space 3}0.024{col 57}{space 4}  11.4058{col 70}{space 3}    161.3
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 43.50632{col 29}{space 2} 32.45131{col 40}{space 1}    1.34{col 49}{space 3}0.180{col 57}{space 4}-20.18588{col 70}{space 3} 107.1985
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-42.31025{col 29}{space 2} 24.47343{col 40}{space 1}   -1.73{col 49}{space 3}0.084{col 57}{space 4}-90.34427{col 70}{space 3} 5.723775
{txt}{space 12}22  {c |}{col 17}{res}{space 2}  38.0093{col 29}{space 2} 36.16872{col 40}{space 1}    1.05{col 49}{space 3}0.294{col 57}{space 4}-32.97908{col 70}{space 3} 108.9977
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-60.52924{col 29}{space 2} 23.72231{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4} -107.089{col 70}{space 3}-13.96944
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 24.58346{col 29}{space 2} 26.57178{col 40}{space 1}    0.93{col 49}{space 3}0.355{col 57}{space 4}  -27.569{col 70}{space 3} 76.73592
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 20.24205{col 29}{space 2} 34.35811{col 40}{space 1}    0.59{col 49}{space 3}0.556{col 57}{space 4}-47.19264{col 70}{space 3} 87.67673
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-21.34628{col 29}{space 2} 19.82141{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-60.24977{col 70}{space 3}  17.5572
{txt}{space 12}47  {c |}{col 17}{res}{space 2} -5.15495{col 29}{space 2} 25.66419{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-55.52608{col 70}{space 3} 45.21618
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 76.96008{col 29}{space 2} 35.20661{col 40}{space 1}    2.19{col 49}{space 3}0.029{col 57}{space 4} 7.860049{col 70}{space 3} 146.0601
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 145.6858{col 29}{space 2} 44.92977{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 57.50206{col 70}{space 3} 233.8694
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-52.14592{col 29}{space 2} 26.71881{col 40}{space 1}   -1.95{col 49}{space 3}0.051{col 57}{space 4}-104.5869{col 70}{space 3} .2951062
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2} -119.794{col 29}{space 2} 76.23909{col 40}{space 1}   -1.57{col 49}{space 3}0.116{col 57}{space 4}-269.4285{col 70}{space 3} 29.84049
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-473.6466{col 29}{space 2} 83.43551{col 40}{space 1}   -5.68{col 49}{space 3}0.000{col 57}{space 4}-637.4056{col 70}{space 3}-309.8877
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-974.8379{col 29}{space 2}  106.811{col 40}{space 1}   -9.13{col 49}{space 3}0.000{col 57}{space 4}-1184.476{col 70}{space 3}-765.1999
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-976.6019{col 29}{space 2} 88.06126{col 40}{space 1}  -11.09{col 49}{space 3}0.000{col 57}{space 4} -1149.44{col 70}{space 3} -803.764
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-479.3384{col 29}{space 2} 96.88889{col 40}{space 1}   -4.95{col 49}{space 3}0.000{col 57}{space 4}-669.5023{col 70}{space 3}-289.1745
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-649.3848{col 29}{space 2} 85.02391{col 40}{space 1}   -7.64{col 49}{space 3}0.000{col 57}{space 4}-816.2613{col 70}{space 3}-482.5083
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-378.4996{col 29}{space 2} 85.50337{col 40}{space 1}   -4.43{col 49}{space 3}0.000{col 57}{space 4}-546.3171{col 70}{space 3} -210.682
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-422.8574{col 29}{space 2} 85.73055{col 40}{space 1}   -4.93{col 49}{space 3}0.000{col 57}{space 4}-591.1208{col 70}{space 3} -254.594
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-413.9031{col 29}{space 2} 77.64691{col 40}{space 1}   -5.33{col 49}{space 3}0.000{col 57}{space 4}-566.3008{col 70}{space 3}-261.5055
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} -420.781{col 29}{space 2} 80.02084{col 40}{space 1}   -5.26{col 49}{space 3}0.000{col 57}{space 4} -577.838{col 70}{space 3} -263.724
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-624.2936{col 29}{space 2} 79.51364{col 40}{space 1}   -7.85{col 49}{space 3}0.000{col 57}{space 4}-780.3551{col 70}{space 3}-468.2321
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-238.7951{col 29}{space 2} 81.79329{col 40}{space 1}   -2.92{col 49}{space 3}0.004{col 57}{space 4}-399.3308{col 70}{space 3}-78.25933
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-335.8408{col 29}{space 2} 84.88303{col 40}{space 1}   -3.96{col 49}{space 3}0.000{col 57}{space 4}-502.4408{col 70}{space 3}-169.2409
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-555.2937{col 29}{space 2} 85.95221{col 40}{space 1}   -6.46{col 49}{space 3}0.000{col 57}{space 4}-723.9921{col 70}{space 3}-386.5952
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-520.5217{col 29}{space 2} 85.68267{col 40}{space 1}   -6.07{col 49}{space 3}0.000{col 57}{space 4}-688.6912{col 70}{space 3}-352.3523
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-344.4938{col 29}{space 2} 80.24755{col 40}{space 1}   -4.29{col 49}{space 3}0.000{col 57}{space 4}-501.9958{col 70}{space 3}-186.9919
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-528.4194{col 29}{space 2} 80.18235{col 40}{space 1}   -6.59{col 49}{space 3}0.000{col 57}{space 4}-685.7934{col 70}{space 3}-371.0454
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} -395.809{col 29}{space 2} 81.53722{col 40}{space 1}   -4.85{col 49}{space 3}0.000{col 57}{space 4}-555.8421{col 70}{space 3}-235.7758
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-340.2742{col 29}{space 2}  80.1978{col 40}{space 1}   -4.24{col 49}{space 3}0.000{col 57}{space 4}-497.6785{col 70}{space 3}-182.8699
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-304.9467{col 29}{space 2} 80.87414{col 40}{space 1}   -3.77{col 49}{space 3}0.000{col 57}{space 4}-463.6785{col 70}{space 3} -146.215
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-207.0562{col 29}{space 2}  81.5594{col 40}{space 1}   -2.54{col 49}{space 3}0.011{col 57}{space 4}-367.1329{col 70}{space 3}-46.97947
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-137.4012{col 29}{space 2} 82.50826{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-299.3402{col 70}{space 3} 24.53784
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-122.7023{col 29}{space 2} 85.80008{col 40}{space 1}   -1.43{col 49}{space 3}0.153{col 57}{space 4}-291.1022{col 70}{space 3} 45.69759
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-142.5989{col 29}{space 2} 85.83026{col 40}{space 1}   -1.66{col 49}{space 3}0.097{col 57}{space 4} -311.058{col 70}{space 3}  25.8602
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-101.9177{col 29}{space 2}  89.4471{col 40}{space 1}   -1.14{col 49}{space 3}0.255{col 57}{space 4}-277.4756{col 70}{space 3} 73.64023
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-139.4559{col 29}{space 2} 97.52241{col 40}{space 1}   -1.43{col 49}{space 3}0.153{col 57}{space 4}-330.8632{col 70}{space 3} 51.95137
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-261.3661{col 29}{space 2} 96.44081{col 40}{space 1}   -2.71{col 49}{space 3}0.007{col 57}{space 4}-450.6506{col 70}{space 3}-72.08169
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-175.2454{col 29}{space 2} 94.69768{col 40}{space 1}   -1.85{col 49}{space 3}0.065{col 57}{space 4}-361.1086{col 70}{space 3} 10.61782
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 124.8635{col 29}{space 2} 98.21605{col 40}{space 1}    1.27{col 49}{space 3}0.204{col 57}{space 4}-67.90519{col 70}{space 3} 317.6323
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 97.41003{col 29}{space 2} 104.8874{col 40}{space 1}    0.93{col 49}{space 3}0.353{col 57}{space 4}-108.4526{col 70}{space 3} 303.2726
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-474.0465{col 29}{space 2} 112.2043{col 40}{space 1}   -4.22{col 49}{space 3}0.000{col 57}{space 4}-694.2699{col 70}{space 3}-253.8231
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-453.3026{col 29}{space 2} 118.1332{col 40}{space 1}   -3.84{col 49}{space 3}0.000{col 57}{space 4}-685.1626{col 70}{space 3}-221.4425
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 45.47264{col 29}{space 2} 109.2254{col 40}{space 1}    0.42{col 49}{space 3}0.677{col 57}{space 4}-168.9041{col 70}{space 3} 259.8494
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-67.87987{col 29}{space 2} 113.3469{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4}-290.3458{col 70}{space 3} 154.5861
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}  75.9285{col 29}{space 2} 116.9101{col 40}{space 1}    0.65{col 49}{space 3}0.516{col 57}{space 4}-153.5311{col 70}{space 3} 305.3881
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-320.1151{col 29}{space 2} 123.6178{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-562.7398{col 70}{space 3} -77.4903
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-606.8999{col 29}{space 2} 126.5725{col 40}{space 1}   -4.79{col 49}{space 3}0.000{col 57}{space 4}-855.3239{col 70}{space 3}-358.4759
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-178.2406{col 29}{space 2} 124.2104{col 40}{space 1}   -1.43{col 49}{space 3}0.152{col 57}{space 4}-422.0285{col 70}{space 3} 65.54733
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-330.6385{col 29}{space 2} 118.3525{col 40}{space 1}   -2.79{col 49}{space 3}0.005{col 57}{space 4}-562.9291{col 70}{space 3} -98.3479
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-131.2685{col 29}{space 2} 132.8533{col 40}{space 1}   -0.99{col 49}{space 3}0.323{col 57}{space 4}-392.0198{col 70}{space 3} 129.4828
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 236.7616{col 29}{space 2} 124.9871{col 40}{space 1}    1.89{col 49}{space 3}0.059{col 57}{space 4}-8.550669{col 70}{space 3} 482.0739
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} -47.0365{col 29}{space 2} 126.9576{col 40}{space 1}   -0.37{col 49}{space 3}0.711{col 57}{space 4}-296.2163{col 70}{space 3} 202.1433
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-59.06553{col 29}{space 2} 142.4369{col 40}{space 1}   -0.41{col 49}{space 3}0.678{col 57}{space 4}-338.6265{col 70}{space 3} 220.4954
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-172.3133{col 29}{space 2} 140.8885{col 40}{space 1}   -1.22{col 49}{space 3}0.222{col 57}{space 4}-448.8353{col 70}{space 3} 104.2087
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 54.21711{col 29}{space 2} 133.8672{col 40}{space 1}    0.41{col 49}{space 3}0.686{col 57}{space 4}-208.5242{col 70}{space 3} 316.9584
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-7.066931{col 29}{space 2} 137.7054{col 40}{space 1}   -0.05{col 49}{space 3}0.959{col 57}{space 4}-277.3414{col 70}{space 3} 263.2076
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-240.9688{col 29}{space 2} 142.8783{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4}-521.3961{col 70}{space 3} 39.45845
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}   -335.7{col 29}{space 2} 143.9346{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}-618.2005{col 70}{space 3}-53.19948
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}  60.9369{col 29}{space 2} 138.0903{col 40}{space 1}    0.44{col 49}{space 3}0.659{col 57}{space 4}-210.0931{col 70}{space 3} 331.9669
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-173.5235{col 29}{space 2} 140.9905{col 40}{space 1}   -1.23{col 49}{space 3}0.219{col 57}{space 4}-450.2457{col 70}{space 3} 103.1986
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 15.21761{col 29}{space 2} 142.9919{col 40}{space 1}    0.11{col 49}{space 3}0.915{col 57}{space 4}-265.4326{col 70}{space 3} 295.8679
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}-57.25482{col 29}{space 2} 144.5312{col 40}{space 1}   -0.40{col 49}{space 3}0.692{col 57}{space 4}-340.9263{col 70}{space 3} 226.4166
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-12.01228{col 29}{space 2} 145.1696{col 40}{space 1}   -0.08{col 49}{space 3}0.934{col 57}{space 4}-296.9368{col 70}{space 3} 272.9122
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 70.77192{col 29}{space 2} 149.3484{col 40}{space 1}    0.47{col 49}{space 3}0.636{col 57}{space 4}-222.3543{col 70}{space 3} 363.8981
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 335.8331{col 29}{space 2} 152.6008{col 40}{space 1}    2.20{col 49}{space 3}0.028{col 57}{space 4} 36.32338{col 70}{space 3} 635.3427
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  6.67934{col 29}{space 2}  156.698{col 40}{space 1}    0.04{col 49}{space 3}0.966{col 57}{space 4}-300.8718{col 70}{space 3} 314.2305
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}  208.919{col 29}{space 2} 165.5109{col 40}{space 1}    1.26{col 49}{space 3}0.207{col 57}{space 4}-115.9295{col 70}{space 3} 533.7674
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 6.409145{col 29}{space 2} 171.4914{col 40}{space 1}    0.04{col 49}{space 3}0.970{col 57}{space 4}-330.1771{col 70}{space 3} 342.9954
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-188.3883{col 29}{space 2} 167.8085{col 40}{space 1}   -1.12{col 49}{space 3}0.262{col 57}{space 4}-517.7462{col 70}{space 3} 140.9696
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-93.01369{col 29}{space 2} 158.8511{col 40}{space 1}   -0.59{col 49}{space 3}0.558{col 57}{space 4} -404.791{col 70}{space 3} 218.7636
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 190.1632{col 29}{space 2}  170.131{col 40}{space 1}    1.12{col 49}{space 3}0.264{col 57}{space 4} -143.753{col 70}{space 3} 524.0794
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 112.5323{col 29}{space 2} 174.6226{col 40}{space 1}    0.64{col 49}{space 3}0.519{col 57}{space 4}-230.1997{col 70}{space 3} 455.2643
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 326.7435{col 29}{space 2} 202.2023{col 40}{space 1}    1.62{col 49}{space 3}0.106{col 57}{space 4}  -70.119{col 70}{space 3} 723.6061
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 169.6078{col 29}{space 2}  182.958{col 40}{space 1}    0.93{col 49}{space 3}0.354{col 57}{space 4} -189.484{col 70}{space 3} 528.6996
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-21.03568{col 29}{space 2} 231.9633{col 40}{space 1}   -0.09{col 49}{space 3}0.928{col 57}{space 4}-476.3102{col 70}{space 3} 434.2388
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-785.3317{col 29}{space 2} 203.3381{col 40}{space 1}   -3.86{col 49}{space 3}0.000{col 57}{space 4}-1184.424{col 70}{space 3}-386.2398
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 33.63463{col 29}{space 2} 186.4343{col 40}{space 1}    0.18{col 49}{space 3}0.857{col 57}{space 4}  -332.28{col 70}{space 3} 399.5493
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 763.4405{col 29}{space 2} 97.65982{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 571.7635{col 70}{space 3} 955.1175
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       952
{txt}maximum lag: {res}8{col 49}{txt}F( 83,       868){col 67}= {res}      3.50
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0938906{col 29}{space 2} .0164765{col 40}{space 1}   -5.70{col 49}{space 3}0.000{col 57}{space 4} -.126229{col 70}{space 3}-.0615521
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .001024{col 29}{space 2} .0004271{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} .0001857{col 70}{space 3} .0018622
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0002699{col 29}{space 2} .0012552{col 40}{space 1}    0.22{col 49}{space 3}0.830{col 57}{space 4}-.0021937{col 70}{space 3} .0027334
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.0046065{col 29}{space 2} .8796406{col 40}{space 1}   -0.01{col 49}{space 3}0.996{col 57}{space 4}-1.731078{col 70}{space 3} 1.721865
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-.1954611{col 29}{space 2} 1.468131{col 40}{space 1}   -0.13{col 49}{space 3}0.894{col 57}{space 4}-3.076963{col 70}{space 3}  2.68604
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.1933224{col 29}{space 2} .7175503{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4}-1.601659{col 70}{space 3} 1.215014
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 3.283478{col 29}{space 2} 1.062321{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 1.198461{col 70}{space 3} 5.368496
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2126734{col 29}{space 2} .8772642{col 40}{space 1}   -0.24{col 49}{space 3}0.809{col 57}{space 4}-1.934481{col 70}{space 3} 1.509134
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.379107{col 29}{space 2} .9605316{col 40}{space 1}    1.44{col 49}{space 3}0.151{col 57}{space 4}-.5061288{col 70}{space 3} 3.264343
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8582611{col 29}{space 2} .7727466{col 40}{space 1}    1.11{col 49}{space 3}0.267{col 57}{space 4}-.6584093{col 70}{space 3} 2.374932
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.196292{col 29}{space 2} .9811013{col 40}{space 1}    1.22{col 49}{space 3}0.223{col 57}{space 4} -.729316{col 70}{space 3} 3.121901
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.155691{col 29}{space 2} .8097805{col 40}{space 1}    1.43{col 49}{space 3}0.154{col 57}{space 4}-.4336655{col 70}{space 3} 2.745048
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.833131{col 29}{space 2} 1.132987{col 40}{space 1}    2.50{col 49}{space 3}0.013{col 57}{space 4}  .609417{col 70}{space 3} 5.056845
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.5921873{col 29}{space 2} 1.126439{col 40}{space 1}   -0.53{col 49}{space 3}0.599{col 57}{space 4} -2.80305{col 70}{space 3} 1.618675
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.3408233{col 29}{space 2} 1.049166{col 40}{space 1}   -0.32{col 49}{space 3}0.745{col 57}{space 4}-2.400023{col 70}{space 3} 1.718376
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 1.888422{col 29}{space 2} 1.287908{col 40}{space 1}    1.47{col 49}{space 3}0.143{col 57}{space 4}-.6393558{col 70}{space 3}   4.4162
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2}-2.534585{col 29}{space 2} 4.048686{col 40}{space 1}   -0.63{col 49}{space 3}0.531{col 57}{space 4}-10.48094{col 70}{space 3} 5.411774
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-5.668369{col 29}{space 2} 3.992507{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-13.50447{col 70}{space 3} 2.167728
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-5.872638{col 29}{space 2}  3.44386{col 40}{space 1}   -1.71{col 49}{space 3}0.089{col 57}{space 4} -12.6319{col 70}{space 3} .8866289
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-4.928213{col 29}{space 2}  3.23861{col 40}{space 1}   -1.52{col 49}{space 3}0.128{col 57}{space 4}-11.28464{col 70}{space 3} 1.428208
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-5.436975{col 29}{space 2}  3.18416{col 40}{space 1}   -1.71{col 49}{space 3}0.088{col 57}{space 4}-11.68653{col 70}{space 3} .8125789
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-7.747338{col 29}{space 2} 4.086299{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-15.76752{col 70}{space 3} .2728452
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-6.909511{col 29}{space 2}  3.53452{col 40}{space 1}   -1.95{col 49}{space 3}0.051{col 57}{space 4}-13.84672{col 70}{space 3} .0276943
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -5.37454{col 29}{space 2} 3.349541{col 40}{space 1}   -1.60{col 49}{space 3}0.109{col 57}{space 4}-11.94869{col 70}{space 3} 1.199606
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-5.203188{col 29}{space 2} 3.420254{col 40}{space 1}   -1.52{col 49}{space 3}0.129{col 57}{space 4}-11.91612{col 70}{space 3} 1.509748
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-3.855878{col 29}{space 2} 3.558051{col 40}{space 1}   -1.08{col 49}{space 3}0.279{col 57}{space 4}-10.83927{col 70}{space 3} 3.127512
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.430798{col 29}{space 2} 3.542767{col 40}{space 1}   -1.82{col 49}{space 3}0.070{col 57}{space 4}-13.38419{col 70}{space 3} .5225947
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-7.097512{col 29}{space 2} 3.484976{col 40}{space 1}   -2.04{col 49}{space 3}0.042{col 57}{space 4}-13.93748{col 70}{space 3}-.2575464
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-6.392131{col 29}{space 2} 3.480508{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-13.22333{col 70}{space 3} .4390651
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-4.104771{col 29}{space 2} 4.111794{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-12.17499{col 70}{space 3}  3.96545
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-5.962398{col 29}{space 2} 3.577123{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-12.98322{col 70}{space 3} 1.058424
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-11.37663{col 29}{space 2}  4.12631{col 40}{space 1}   -2.76{col 49}{space 3}0.006{col 57}{space 4}-19.47534{col 70}{space 3} -3.27792
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-7.657121{col 29}{space 2} 3.643217{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4}-14.80767{col 70}{space 3}-.5065757
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-5.325149{col 29}{space 2} 3.691166{col 40}{space 1}   -1.44{col 49}{space 3}0.149{col 57}{space 4} -12.5698{col 70}{space 3} 1.919506
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-6.569272{col 29}{space 2} 3.635544{col 40}{space 1}   -1.81{col 49}{space 3}0.071{col 57}{space 4}-13.70476{col 70}{space 3} .5662129
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-3.897283{col 29}{space 2} 3.834143{col 40}{space 1}   -1.02{col 49}{space 3}0.310{col 57}{space 4}-11.42256{col 70}{space 3} 3.627992
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-4.530563{col 29}{space 2} 3.929878{col 40}{space 1}   -1.15{col 49}{space 3}0.249{col 57}{space 4}-12.24374{col 70}{space 3}  3.18261
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-7.958534{col 29}{space 2} 4.337889{col 40}{space 1}   -1.83{col 49}{space 3}0.067{col 57}{space 4}-16.47251{col 70}{space 3} .5554446
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-6.397622{col 29}{space 2} 3.886372{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-14.02541{col 70}{space 3} 1.230164
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 3.947002{col 29}{space 2} 6.276575{col 40}{space 1}    0.63{col 49}{space 3}0.530{col 57}{space 4}-8.372037{col 70}{space 3} 16.26604
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-5.947808{col 29}{space 2} 4.155026{col 40}{space 1}   -1.43{col 49}{space 3}0.153{col 57}{space 4}-14.10288{col 70}{space 3} 2.207265
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-5.361361{col 29}{space 2} 4.781097{col 40}{space 1}   -1.12{col 49}{space 3}0.262{col 57}{space 4}-14.74522{col 70}{space 3} 4.022502
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-6.880915{col 29}{space 2}  4.37717{col 40}{space 1}   -1.57{col 49}{space 3}0.116{col 57}{space 4}-15.47199{col 70}{space 3}  1.71016
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-10.11768{col 29}{space 2}  4.36321{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4}-18.68136{col 70}{space 3}-1.554006
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-9.144922{col 29}{space 2} 4.424666{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-17.82922{col 70}{space 3}-.4606272
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-2.883374{col 29}{space 2} 4.792779{col 40}{space 1}   -0.60{col 49}{space 3}0.548{col 57}{space 4}-12.29016{col 70}{space 3} 6.523417
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-9.070927{col 29}{space 2} 4.687678{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-18.27144{col 70}{space 3} .1295817
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-17.94548{col 29}{space 2} 6.047242{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4} -29.8144{col 70}{space 3}-6.076548
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-10.48658{col 29}{space 2} 4.616592{col 40}{space 1}   -2.27{col 49}{space 3}0.023{col 57}{space 4}-19.54757{col 70}{space 3}-1.425591
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-11.60812{col 29}{space 2}  4.83991{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-21.10741{col 70}{space 3}-2.108822
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-10.15696{col 29}{space 2} 4.824204{col 40}{space 1}   -2.11{col 49}{space 3}0.036{col 57}{space 4}-19.62543{col 70}{space 3}-.6884958
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-6.320936{col 29}{space 2} 5.238128{col 40}{space 1}   -1.21{col 49}{space 3}0.228{col 57}{space 4}-16.60181{col 70}{space 3} 3.959941
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-8.635701{col 29}{space 2} 5.007009{col 40}{space 1}   -1.72{col 49}{space 3}0.085{col 57}{space 4}-18.46296{col 70}{space 3} 1.191559
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-5.909812{col 29}{space 2} 5.010328{col 40}{space 1}   -1.18{col 49}{space 3}0.239{col 57}{space 4}-15.74359{col 70}{space 3} 3.923963
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-8.994564{col 29}{space 2} 4.922333{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-18.65563{col 70}{space 3}  .666503
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-12.36635{col 29}{space 2} 5.426776{col 40}{space 1}   -2.28{col 49}{space 3}0.023{col 57}{space 4}-23.01748{col 70}{space 3}-1.715207
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-10.08368{col 29}{space 2} 4.950132{col 40}{space 1}   -2.04{col 49}{space 3}0.042{col 57}{space 4}-19.79931{col 70}{space 3}-.3680554
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-1.837601{col 29}{space 2}  5.62009{col 40}{space 1}   -0.33{col 49}{space 3}0.744{col 57}{space 4}-12.86816{col 70}{space 3} 9.192954
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-10.17147{col 29}{space 2} 5.188713{col 40}{space 1}   -1.96{col 49}{space 3}0.050{col 57}{space 4}-20.35536{col 70}{space 3}  .012421
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-6.716065{col 29}{space 2} 5.528286{col 40}{space 1}   -1.21{col 49}{space 3}0.225{col 57}{space 4}-17.56644{col 70}{space 3} 4.134305
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.892593{col 29}{space 2} 5.292521{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-20.28023{col 70}{space 3} .4950429
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -7.56869{col 29}{space 2} 5.711595{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-18.77884{col 70}{space 3} 3.641462
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-9.495313{col 29}{space 2} 5.526774{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-20.34272{col 70}{space 3}  1.35209
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-9.266665{col 29}{space 2} 5.759741{col 40}{space 1}   -1.61{col 49}{space 3}0.108{col 57}{space 4}-20.57131{col 70}{space 3} 2.037983
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-7.970775{col 29}{space 2} 5.619365{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-18.99991{col 70}{space 3} 3.058357
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-6.502934{col 29}{space 2} 5.954179{col 40}{space 1}   -1.09{col 49}{space 3}0.275{col 57}{space 4}-18.18921{col 70}{space 3} 5.183338
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-8.668072{col 29}{space 2} 5.662204{col 40}{space 1}   -1.53{col 49}{space 3}0.126{col 57}{space 4}-19.78129{col 70}{space 3}  2.44514
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 3.203535{col 29}{space 2}  6.03685{col 40}{space 1}    0.53{col 49}{space 3}0.596{col 57}{space 4}-8.644994{col 70}{space 3} 15.05207
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} -6.11452{col 29}{space 2} 6.059302{col 40}{space 1}   -1.01{col 49}{space 3}0.313{col 57}{space 4}-18.00712{col 70}{space 3} 5.778076
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-8.189822{col 29}{space 2} 5.921577{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-19.81211{col 70}{space 3} 3.432461
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-9.549971{col 29}{space 2} 5.869125{col 40}{space 1}   -1.63{col 49}{space 3}0.104{col 57}{space 4}-21.06931{col 70}{space 3} 1.969364
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-12.04043{col 29}{space 2} 6.445391{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-24.69081{col 70}{space 3}  .609943
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} -10.1056{col 29}{space 2} 6.071724{col 40}{space 1}   -1.66{col 49}{space 3}0.096{col 57}{space 4}-22.02258{col 70}{space 3} 1.811373
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-8.687666{col 29}{space 2} 6.449889{col 40}{space 1}   -1.35{col 49}{space 3}0.178{col 57}{space 4}-21.34687{col 70}{space 3} 3.971537
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-11.82404{col 29}{space 2} 6.123607{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-23.84285{col 70}{space 3} .1947654
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  -7.8568{col 29}{space 2} 6.551314{col 40}{space 1}   -1.20{col 49}{space 3}0.231{col 57}{space 4}-20.71507{col 70}{space 3} 5.001468
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-10.10514{col 29}{space 2} 6.329219{col 40}{space 1}   -1.60{col 49}{space 3}0.111{col 57}{space 4} -22.5275{col 70}{space 3} 2.317221
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-9.739123{col 29}{space 2}  6.63852{col 40}{space 1}   -1.47{col 49}{space 3}0.143{col 57}{space 4}-22.76855{col 70}{space 3} 3.290304
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-11.08276{col 29}{space 2} 6.551526{col 40}{space 1}   -1.69{col 49}{space 3}0.091{col 57}{space 4}-23.94145{col 70}{space 3} 1.775926
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-11.49646{col 29}{space 2} 6.983983{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}-25.20393{col 70}{space 3} 2.211009
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-10.51634{col 29}{space 2} 6.908881{col 40}{space 1}   -1.52{col 49}{space 3}0.128{col 57}{space 4}-24.07641{col 70}{space 3} 3.043721
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-12.12355{col 29}{space 2} 7.146786{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-26.15055{col 70}{space 3} 1.903452
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-13.02818{col 29}{space 2} 7.436195{col 40}{space 1}   -1.75{col 49}{space 3}0.080{col 57}{space 4}-27.62321{col 70}{space 3} 1.566843
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1.553522{col 29}{space 2} 3.258618{col 40}{space 1}    0.48{col 49}{space 3}0.634{col 57}{space 4}-4.842169{col 70}{space 3} 7.949214
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 1.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //qui sureg (d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if nonsouth==0) (d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if nonsouth==0), corr
. 
. //estat ic
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       896
{txt}maximum lag: {res}8{col 49}{txt}F( 86,       809){col 67}= {res}     52.29
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0657999{col 29}{space 2} .0178737{col 40}{space 1}   -3.68{col 49}{space 3}0.000{col 57}{space 4}-.1008841{col 70}{space 3}-.0307156
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.177715{col 29}{space 2} .4562499{col 40}{space 1}    2.58{col 49}{space 3}0.010{col 57}{space 4} .2821419{col 70}{space 3} 2.073288
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1633946{col 29}{space 2} .0806678{col 40}{space 1}    2.03{col 49}{space 3}0.043{col 57}{space 4} .0050517{col 70}{space 3} .3217375
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0354927{col 29}{space 2} .9577572{col 40}{space 1}   -0.04{col 49}{space 3}0.970{col 57}{space 4}-1.915475{col 70}{space 3}  1.84449
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1486249{col 29}{space 2} .0619054{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} .0271107{col 70}{space 3} .2701392
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.166654{col 29}{space 2}    .9246{col 40}{space 1}   -1.26{col 49}{space 3}0.207{col 57}{space 4}-2.981552{col 70}{space 3} .6482442
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0451932{col 29}{space 2} .0496017{col 40}{space 1}   -0.91{col 49}{space 3}0.363{col 57}{space 4}-.1425564{col 70}{space 3} .0521699
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.155751{col 29}{space 2} 1.056087{col 40}{space 1}   -1.09{col 49}{space 3}0.274{col 57}{space 4}-3.228745{col 70}{space 3} .9172439
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0447144{col 29}{space 2} .0428091{col 40}{space 1}    1.04{col 49}{space 3}0.297{col 57}{space 4}-.0393156{col 70}{space 3} .1287444
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .6954884{col 29}{space 2}  .821641{col 40}{space 1}    0.85{col 49}{space 3}0.398{col 57}{space 4}-.9173113{col 70}{space 3} 2.308288
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-25.27609{col 29}{space 2}  15.0321{col 40}{space 1}   -1.68{col 49}{space 3}0.093{col 57}{space 4}-54.78261{col 70}{space 3} 4.230428
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 116.8054{col 29}{space 2} 39.41605{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 39.43564{col 70}{space 3} 194.1752
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 61.40438{col 29}{space 2} 28.88194{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} 4.711995{col 70}{space 3} 118.0968
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-48.38286{col 29}{space 2}  22.6967{col 40}{space 1}   -2.13{col 49}{space 3}0.033{col 57}{space 4}-92.93423{col 70}{space 3}-3.831484
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 43.19443{col 29}{space 2} 30.27983{col 40}{space 1}    1.43{col 49}{space 3}0.154{col 57}{space 4}-16.24186{col 70}{space 3} 102.6307
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-78.63606{col 29}{space 2}  25.6679{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-129.0196{col 70}{space 3}-28.25252
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 32.90942{col 29}{space 2} 23.66399{col 40}{space 1}    1.39{col 49}{space 3}0.165{col 57}{space 4}-13.54064{col 70}{space 3} 79.35947
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 27.85745{col 29}{space 2} 28.81539{col 40}{space 1}    0.97{col 49}{space 3}0.334{col 57}{space 4}-28.70429{col 70}{space 3} 84.41919
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-22.72395{col 29}{space 2} 17.27017{col 40}{space 1}   -1.32{col 49}{space 3}0.189{col 57}{space 4}-56.62358{col 70}{space 3} 11.17569
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-4.493118{col 29}{space 2} 22.19576{col 40}{space 1}   -0.20{col 49}{space 3}0.840{col 57}{space 4}-48.06119{col 70}{space 3} 39.07496
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 102.6083{col 29}{space 2} 33.63519{col 40}{space 1}    3.05{col 49}{space 3}0.002{col 57}{space 4} 36.58578{col 70}{space 3} 168.6308
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 188.6843{col 29}{space 2}  47.7639{col 40}{space 1}    3.95{col 49}{space 3}0.000{col 57}{space 4} 94.92851{col 70}{space 3} 282.4401
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-60.91795{col 29}{space 2} 23.50297{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-107.0519{col 70}{space 3}-14.78397
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 554.1136{col 29}{space 2} 69.92227{col 40}{space 1}    7.92{col 49}{space 3}0.000{col 57}{space 4} 416.8631{col 70}{space 3} 691.3641
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  293.562{col 29}{space 2} 104.8293{col 40}{space 1}    2.80{col 49}{space 3}0.005{col 57}{space 4} 87.79256{col 70}{space 3} 499.3314
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 536.3047{col 29}{space 2} 92.39168{col 40}{space 1}    5.80{col 49}{space 3}0.000{col 57}{space 4}  354.949{col 70}{space 3} 717.6604
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 501.2268{col 29}{space 2} 94.63643{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 315.4649{col 70}{space 3} 686.9887
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 456.5686{col 29}{space 2}  72.6548{col 40}{space 1}    6.28{col 49}{space 3}0.000{col 57}{space 4} 313.9545{col 70}{space 3} 599.1828
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 483.3476{col 29}{space 2} 79.47904{col 40}{space 1}    6.08{col 49}{space 3}0.000{col 57}{space 4} 327.3381{col 70}{space 3}  639.357
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 270.1956{col 29}{space 2} 74.81021{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 123.3506{col 70}{space 3} 417.0406
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 691.8373{col 29}{space 2} 71.28985{col 40}{space 1}    9.70{col 49}{space 3}0.000{col 57}{space 4} 551.9024{col 70}{space 3} 831.7722
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 564.3502{col 29}{space 2} 93.04407{col 40}{space 1}    6.07{col 49}{space 3}0.000{col 57}{space 4}  381.714{col 70}{space 3} 746.9865
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 304.5617{col 29}{space 2} 81.99919{col 40}{space 1}    3.71{col 49}{space 3}0.000{col 57}{space 4} 143.6054{col 70}{space 3} 465.5179
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}  424.001{col 29}{space 2} 83.43278{col 40}{space 1}    5.08{col 49}{space 3}0.000{col 57}{space 4} 260.2308{col 70}{space 3} 587.7713
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 604.5739{col 29}{space 2} 73.55844{col 40}{space 1}    8.22{col 49}{space 3}0.000{col 57}{space 4}  460.186{col 70}{space 3} 748.9618
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 377.0082{col 29}{space 2}  79.9047{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 220.1632{col 70}{space 3} 533.8532
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 529.0697{col 29}{space 2} 78.93027{col 40}{space 1}    6.70{col 49}{space 3}0.000{col 57}{space 4} 374.1374{col 70}{space 3}  684.002
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 612.3441{col 29}{space 2} 82.61642{col 40}{space 1}    7.41{col 49}{space 3}0.000{col 57}{space 4} 450.1763{col 70}{space 3} 774.5119
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 605.7024{col 29}{space 2} 80.62732{col 40}{space 1}    7.51{col 49}{space 3}0.000{col 57}{space 4}  447.439{col 70}{space 3} 763.9659
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 710.0517{col 29}{space 2} 82.05821{col 40}{space 1}    8.65{col 49}{space 3}0.000{col 57}{space 4} 548.9796{col 70}{space 3} 871.1238
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 765.3345{col 29}{space 2}   85.983{col 40}{space 1}    8.90{col 49}{space 3}0.000{col 57}{space 4} 596.5585{col 70}{space 3} 934.1106
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 757.2768{col 29}{space 2} 90.18991{col 40}{space 1}    8.40{col 49}{space 3}0.000{col 57}{space 4} 580.2429{col 70}{space 3} 934.3106
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 740.4226{col 29}{space 2} 87.78941{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4} 568.1007{col 70}{space 3} 912.7445
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 804.4388{col 29}{space 2} 88.94884{col 40}{space 1}    9.04{col 49}{space 3}0.000{col 57}{space 4}  629.841{col 70}{space 3} 979.0365
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 769.0465{col 29}{space 2} 97.33185{col 40}{space 1}    7.90{col 49}{space 3}0.000{col 57}{space 4} 577.9938{col 70}{space 3} 960.0993
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 635.9557{col 29}{space 2} 95.80607{col 40}{space 1}    6.64{col 49}{space 3}0.000{col 57}{space 4} 447.8979{col 70}{space 3} 824.0135
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 764.4624{col 29}{space 2} 92.43994{col 40}{space 1}    8.27{col 49}{space 3}0.000{col 57}{space 4}  583.012{col 70}{space 3} 945.9128
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1067.909{col 29}{space 2} 101.0413{col 40}{space 1}   10.57{col 49}{space 3}0.000{col 57}{space 4} 869.5754{col 70}{space 3} 1266.244
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 990.1277{col 29}{space 2} 118.6889{col 40}{space 1}    8.34{col 49}{space 3}0.000{col 57}{space 4} 757.1532{col 70}{space 3} 1223.102
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 413.3886{col 29}{space 2} 121.5717{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 174.7555{col 70}{space 3} 652.0217
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 543.1151{col 29}{space 2}  113.016{col 40}{space 1}    4.81{col 49}{space 3}0.000{col 57}{space 4} 321.2758{col 70}{space 3} 764.9543
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1090.002{col 29}{space 2} 111.3253{col 40}{space 1}    9.79{col 49}{space 3}0.000{col 57}{space 4} 871.4813{col 70}{space 3} 1308.522
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 880.4189{col 29}{space 2} 133.4741{col 40}{space 1}    6.60{col 49}{space 3}0.000{col 57}{space 4} 618.4225{col 70}{space 3} 1142.415
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}  1021.54{col 29}{space 2} 128.6344{col 40}{space 1}    7.94{col 49}{space 3}0.000{col 57}{space 4} 769.0439{col 70}{space 3} 1274.037
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  650.314{col 29}{space 2} 138.7346{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 377.9917{col 70}{space 3} 922.6362
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}  389.818{col 29}{space 2}  128.092{col 40}{space 1}    3.04{col 49}{space 3}0.002{col 57}{space 4}  138.386{col 70}{space 3} 641.2499
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 932.8032{col 29}{space 2} 129.7489{col 40}{space 1}    7.19{col 49}{space 3}0.000{col 57}{space 4} 678.1191{col 70}{space 3} 1187.487
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 723.8896{col 29}{space 2}  137.397{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 454.1929{col 70}{space 3} 993.5863
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 888.6524{col 29}{space 2} 147.0373{col 40}{space 1}    6.04{col 49}{space 3}0.000{col 57}{space 4} 600.0329{col 70}{space 3} 1177.272
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1275.808{col 29}{space 2} 142.8055{col 40}{space 1}    8.93{col 49}{space 3}0.000{col 57}{space 4} 995.4948{col 70}{space 3} 1556.121
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 892.0651{col 29}{space 2} 146.7527{col 40}{space 1}    6.08{col 49}{space 3}0.000{col 57}{space 4} 604.0041{col 70}{space 3} 1180.126
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 910.5565{col 29}{space 2} 144.8303{col 40}{space 1}    6.29{col 49}{space 3}0.000{col 57}{space 4} 626.2689{col 70}{space 3} 1194.844
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 856.1865{col 29}{space 2} 144.3118{col 40}{space 1}    5.93{col 49}{space 3}0.000{col 57}{space 4} 572.9167{col 70}{space 3} 1139.456
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1064.237{col 29}{space 2} 137.5431{col 40}{space 1}    7.74{col 49}{space 3}0.000{col 57}{space 4} 794.2539{col 70}{space 3} 1334.221
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1011.457{col 29}{space 2} 154.4888{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4} 708.2109{col 70}{space 3} 1314.703
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 752.6629{col 29}{space 2} 153.9789{col 40}{space 1}    4.89{col 49}{space 3}0.000{col 57}{space 4} 450.4176{col 70}{space 3} 1054.908
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 727.8875{col 29}{space 2} 151.1332{col 40}{space 1}    4.82{col 49}{space 3}0.000{col 57}{space 4}  431.228{col 70}{space 3} 1024.547
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1157.266{col 29}{space 2} 148.5126{col 40}{space 1}    7.79{col 49}{space 3}0.000{col 57}{space 4} 865.7502{col 70}{space 3} 1448.781
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 873.0508{col 29}{space 2} 163.6923{col 40}{space 1}    5.33{col 49}{space 3}0.000{col 57}{space 4} 551.7391{col 70}{space 3} 1194.363
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1052.483{col 29}{space 2} 156.2534{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4}  745.773{col 70}{space 3} 1359.193
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1014.098{col 29}{space 2} 166.2096{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4} 687.8449{col 70}{space 3} 1340.351
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1024.555{col 29}{space 2} 157.6587{col 40}{space 1}    6.50{col 49}{space 3}0.000{col 57}{space 4} 715.0864{col 70}{space 3} 1334.023
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1138.132{col 29}{space 2} 165.6801{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4} 812.9183{col 70}{space 3} 1463.345
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1354.711{col 29}{space 2} 166.9559{col 40}{space 1}    8.11{col 49}{space 3}0.000{col 57}{space 4} 1026.993{col 70}{space 3} 1682.429
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 993.4349{col 29}{space 2} 176.7635{col 40}{space 1}    5.62{col 49}{space 3}0.000{col 57}{space 4} 646.4658{col 70}{space 3} 1340.404
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1220.462{col 29}{space 2}  173.529{col 40}{space 1}    7.03{col 49}{space 3}0.000{col 57}{space 4} 879.8421{col 70}{space 3} 1561.083
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1057.015{col 29}{space 2} 196.6055{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 671.0984{col 70}{space 3} 1442.932
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 851.0653{col 29}{space 2}  182.635{col 40}{space 1}    4.66{col 49}{space 3}0.000{col 57}{space 4} 492.5709{col 70}{space 3}  1209.56
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1033.819{col 29}{space 2} 175.3856{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 689.5545{col 70}{space 3} 1378.083
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1312.934{col 29}{space 2} 190.5288{col 40}{space 1}    6.89{col 49}{space 3}0.000{col 57}{space 4} 938.9448{col 70}{space 3} 1686.923
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1186.875{col 29}{space 2} 199.6516{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 794.9784{col 70}{space 3} 1578.771
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1387.592{col 29}{space 2} 221.3899{col 40}{space 1}    6.27{col 49}{space 3}0.000{col 57}{space 4} 953.0258{col 70}{space 3} 1822.159
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1229.868{col 29}{space 2} 201.9851{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 833.3916{col 70}{space 3} 1626.345
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1025.499{col 29}{space 2} 241.1726{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 552.1009{col 70}{space 3} 1498.897
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 337.4818{col 29}{space 2} 215.8767{col 40}{space 1}    1.56{col 49}{space 3}0.118{col 57}{space 4}-86.26263{col 70}{space 3} 761.2263
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1280.242{col 29}{space 2}  200.525{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 886.6312{col 70}{space 3} 1673.852
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-94.31002{col 29}{space 2} 93.59146{col 40}{space 1}   -1.01{col 49}{space 3}0.314{col 57}{space 4}-278.0208{col 70}{space 3} 89.40073
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstatesfullinc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       896
{txt}{hline 13}{c +}{hline 34}   F(86, 809)      = {res}    20.39
{txt}       Model {c |} {res}   43176404        86   502051.21   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 19921359.1       809  24624.6713   {txt}R-squared       ={res}    0.6843
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6507
{txt}       Total {c |} {res} 63097763.1       895   70500.294   {txt}Root MSE        =   {res} 156.92

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0657999{col 29}{space 2} .0121149{col 40}{space 1}   -5.43{col 49}{space 3}0.000{col 57}{space 4}-.0895802{col 70}{space 3}-.0420195
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.177715{col 29}{space 2} .4557941{col 40}{space 1}    2.58{col 49}{space 3}0.010{col 57}{space 4} .2830365{col 70}{space 3} 2.072394
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1633946{col 29}{space 2} .0349169{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} .0948561{col 70}{space 3} .2319331
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0354927{col 29}{space 2} .9145006{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-1.830567{col 70}{space 3} 1.759581
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1486249{col 29}{space 2} .0377452{col 40}{space 1}    3.94{col 49}{space 3}0.000{col 57}{space 4} .0745349{col 70}{space 3}  .222715
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.166654{col 29}{space 2} .9775101{col 40}{space 1}   -1.19{col 49}{space 3}0.233{col 57}{space 4}-3.085409{col 70}{space 3} .7521014
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0451932{col 29}{space 2} .0400212{col 40}{space 1}   -1.13{col 49}{space 3}0.259{col 57}{space 4}-.1237508{col 70}{space 3} .0333644
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.155751{col 29}{space 2} .9599002{col 40}{space 1}   -1.20{col 49}{space 3}0.229{col 57}{space 4}-3.039939{col 70}{space 3} .7284383
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0447144{col 29}{space 2} .0387998{col 40}{space 1}    1.15{col 49}{space 3}0.249{col 57}{space 4}-.0314458{col 70}{space 3} .1208746
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .6954884{col 29}{space 2} .9474168{col 40}{space 1}    0.73{col 49}{space 3}0.463{col 57}{space 4}-1.164197{col 70}{space 3} 2.555173
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-25.27609{col 29}{space 2} 28.16275{col 40}{space 1}   -0.90{col 49}{space 3}0.370{col 57}{space 4}-80.55677{col 70}{space 3}  30.0046
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 116.8054{col 29}{space 2} 36.65866{col 40}{space 1}    3.19{col 49}{space 3}0.001{col 57}{space 4} 44.84812{col 70}{space 3} 188.7627
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 61.40438{col 29}{space 2} 30.13478{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 2.252803{col 70}{space 3}  120.556
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-48.38286{col 29}{space 2} 32.83237{col 40}{space 1}   -1.47{col 49}{space 3}0.141{col 57}{space 4}-112.8295{col 70}{space 3} 16.06383
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 43.19443{col 29}{space 2} 28.20693{col 40}{space 1}    1.53{col 49}{space 3}0.126{col 57}{space 4}-12.17298{col 70}{space 3} 98.56184
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-78.63606{col 29}{space 2} 30.88616{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-139.2625{col 70}{space 3} -18.0096
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 32.90942{col 29}{space 2} 29.40226{col 40}{space 1}    1.12{col 49}{space 3}0.263{col 57}{space 4} -24.8043{col 70}{space 3} 90.62314
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 27.85745{col 29}{space 2} 30.31744{col 40}{space 1}    0.92{col 49}{space 3}0.358{col 57}{space 4}-31.65268{col 70}{space 3} 87.36758
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-22.72395{col 29}{space 2} 28.27515{col 40}{space 1}   -0.80{col 49}{space 3}0.422{col 57}{space 4}-78.22525{col 70}{space 3} 32.77736
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-4.493118{col 29}{space 2}  32.7357{col 40}{space 1}   -0.14{col 49}{space 3}0.891{col 57}{space 4}-68.75005{col 70}{space 3} 59.76382
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 102.6083{col 29}{space 2}  33.5329{col 40}{space 1}    3.06{col 49}{space 3}0.002{col 57}{space 4} 36.78655{col 70}{space 3} 168.4301
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 188.6843{col 29}{space 2} 39.52371{col 40}{space 1}    4.77{col 49}{space 3}0.000{col 57}{space 4} 111.1032{col 70}{space 3} 266.2654
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-60.91795{col 29}{space 2} 30.99644{col 40}{space 1}   -1.97{col 49}{space 3}0.050{col 57}{space 4}-121.7609{col 70}{space 3}-.0750207
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 554.1136{col 29}{space 2} 63.08483{col 40}{space 1}    8.78{col 49}{space 3}0.000{col 57}{space 4} 430.2844{col 70}{space 3} 677.9428
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  293.562{col 29}{space 2} 73.39619{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 149.4925{col 70}{space 3} 437.6314
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 536.3047{col 29}{space 2} 76.23141{col 40}{space 1}    7.04{col 49}{space 3}0.000{col 57}{space 4}   386.67{col 70}{space 3} 685.9394
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 501.2268{col 29}{space 2} 73.19508{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 357.5521{col 70}{space 3} 644.9014
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 456.5686{col 29}{space 2} 67.63848{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4}  323.801{col 70}{space 3} 589.3362
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 483.3476{col 29}{space 2} 67.38793{col 40}{space 1}    7.17{col 49}{space 3}0.000{col 57}{space 4} 351.0718{col 70}{space 3} 615.6234
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 270.1956{col 29}{space 2} 65.15538{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 142.3021{col 70}{space 3} 398.0891
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 691.8373{col 29}{space 2} 64.04107{col 40}{space 1}   10.80{col 49}{space 3}0.000{col 57}{space 4} 566.1311{col 70}{space 3} 817.5436
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 564.3502{col 29}{space 2} 68.47882{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4} 429.9331{col 70}{space 3} 698.7673
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 304.5617{col 29}{space 2} 69.88696{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 167.3805{col 70}{space 3} 441.7428
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}  424.001{col 29}{space 2} 67.40926{col 40}{space 1}    6.29{col 49}{space 3}0.000{col 57}{space 4} 291.6833{col 70}{space 3} 556.3187
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 604.5739{col 29}{space 2} 64.73145{col 40}{space 1}    9.34{col 49}{space 3}0.000{col 57}{space 4} 477.5125{col 70}{space 3} 731.6353
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 377.0082{col 29}{space 2} 69.40698{col 40}{space 1}    5.43{col 49}{space 3}0.000{col 57}{space 4} 240.7691{col 70}{space 3} 513.2472
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 529.0697{col 29}{space 2} 69.71726{col 40}{space 1}    7.59{col 49}{space 3}0.000{col 57}{space 4} 392.2216{col 70}{space 3} 665.9177
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 612.3441{col 29}{space 2} 69.47133{col 40}{space 1}    8.81{col 49}{space 3}0.000{col 57}{space 4} 475.9788{col 70}{space 3} 748.7094
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 605.7024{col 29}{space 2} 70.31519{col 40}{space 1}    8.61{col 49}{space 3}0.000{col 57}{space 4} 467.6807{col 70}{space 3} 743.7242
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 710.0517{col 29}{space 2} 72.11303{col 40}{space 1}    9.85{col 49}{space 3}0.000{col 57}{space 4}  568.501{col 70}{space 3} 851.6024
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 765.3345{col 29}{space 2} 72.21952{col 40}{space 1}   10.60{col 49}{space 3}0.000{col 57}{space 4} 623.5748{col 70}{space 3} 907.0943
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 757.2768{col 29}{space 2} 73.59592{col 40}{space 1}   10.29{col 49}{space 3}0.000{col 57}{space 4} 612.8153{col 70}{space 3} 901.7382
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 740.4226{col 29}{space 2} 74.54756{col 40}{space 1}    9.93{col 49}{space 3}0.000{col 57}{space 4} 594.0932{col 70}{space 3} 886.7521
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 804.4388{col 29}{space 2} 74.86815{col 40}{space 1}   10.74{col 49}{space 3}0.000{col 57}{space 4}   657.48{col 70}{space 3} 951.3975
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 769.0465{col 29}{space 2} 76.89979{col 40}{space 1}   10.00{col 49}{space 3}0.000{col 57}{space 4} 618.0999{col 70}{space 3} 919.9931
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 635.9557{col 29}{space 2}  78.3761{col 40}{space 1}    8.11{col 49}{space 3}0.000{col 57}{space 4} 482.1112{col 70}{space 3} 789.8002
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 764.4624{col 29}{space 2} 77.47426{col 40}{space 1}    9.87{col 49}{space 3}0.000{col 57}{space 4} 612.3881{col 70}{space 3} 916.5367
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1067.909{col 29}{space 2} 79.95797{col 40}{space 1}   13.36{col 49}{space 3}0.000{col 57}{space 4} 910.9599{col 70}{space 3} 1224.859
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 990.1277{col 29}{space 2} 87.34481{col 40}{space 1}   11.34{col 49}{space 3}0.000{col 57}{space 4} 818.6785{col 70}{space 3} 1161.577
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 413.3886{col 29}{space 2} 91.15081{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 234.4686{col 70}{space 3} 592.3086
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 543.1151{col 29}{space 2} 86.19755{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 373.9178{col 70}{space 3} 712.3123
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1090.002{col 29}{space 2} 85.06672{col 40}{space 1}   12.81{col 49}{space 3}0.000{col 57}{space 4} 923.0242{col 70}{space 3} 1256.979
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 880.4189{col 29}{space 2} 96.32787{col 40}{space 1}    9.14{col 49}{space 3}0.000{col 57}{space 4} 691.3369{col 70}{space 3} 1069.501
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}  1021.54{col 29}{space 2}  102.018{col 40}{space 1}   10.01{col 49}{space 3}0.000{col 57}{space 4} 821.2893{col 70}{space 3} 1221.791
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}  650.314{col 29}{space 2} 101.5672{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 450.9477{col 70}{space 3} 849.6803
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}  389.818{col 29}{space 2} 95.50591{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 202.3493{col 70}{space 3} 577.2866
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 932.8032{col 29}{space 2} 94.99216{col 40}{space 1}    9.82{col 49}{space 3}0.000{col 57}{space 4}  746.343{col 70}{space 3} 1119.263
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 723.8896{col 29}{space 2} 101.3459{col 40}{space 1}    7.14{col 49}{space 3}0.000{col 57}{space 4} 524.9577{col 70}{space 3} 922.8216
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 888.6524{col 29}{space 2} 106.1078{col 40}{space 1}    8.37{col 49}{space 3}0.000{col 57}{space 4} 680.3733{col 70}{space 3} 1096.932
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1275.808{col 29}{space 2} 107.4704{col 40}{space 1}   11.87{col 49}{space 3}0.000{col 57}{space 4} 1064.854{col 70}{space 3} 1486.762
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 892.0651{col 29}{space 2} 108.2395{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4} 679.6017{col 70}{space 3} 1104.529
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 910.5565{col 29}{space 2} 108.5611{col 40}{space 1}    8.39{col 49}{space 3}0.000{col 57}{space 4} 697.4618{col 70}{space 3} 1123.651
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 856.1865{col 29}{space 2} 106.1175{col 40}{space 1}    8.07{col 49}{space 3}0.000{col 57}{space 4} 647.8884{col 70}{space 3} 1064.485
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1064.237{col 29}{space 2} 105.8816{col 40}{space 1}   10.05{col 49}{space 3}0.000{col 57}{space 4} 856.4023{col 70}{space 3} 1272.072
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1011.457{col 29}{space 2} 111.9235{col 40}{space 1}    9.04{col 49}{space 3}0.000{col 57}{space 4} 791.7622{col 70}{space 3} 1231.152
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 752.6629{col 29}{space 2} 114.8611{col 40}{space 1}    6.55{col 49}{space 3}0.000{col 57}{space 4} 527.2019{col 70}{space 3} 978.1238
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 727.8875{col 29}{space 2} 113.9537{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4} 504.2077{col 70}{space 3} 951.5673
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1157.266{col 29}{space 2} 112.3626{col 40}{space 1}   10.30{col 49}{space 3}0.000{col 57}{space 4} 936.7091{col 70}{space 3} 1377.822
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 873.0508{col 29}{space 2} 119.6126{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 638.2632{col 70}{space 3} 1107.838
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1052.483{col 29}{space 2} 122.0986{col 40}{space 1}    8.62{col 49}{space 3}0.000{col 57}{space 4} 812.8153{col 70}{space 3}  1292.15
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1014.098{col 29}{space 2}  123.247{col 40}{space 1}    8.23{col 49}{space 3}0.000{col 57}{space 4} 772.1762{col 70}{space 3}  1256.02
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1024.555{col 29}{space 2} 121.5671{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4} 785.9305{col 70}{space 3} 1263.179
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1138.132{col 29}{space 2} 124.6047{col 40}{space 1}    9.13{col 49}{space 3}0.000{col 57}{space 4} 893.5452{col 70}{space 3} 1382.718
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1354.711{col 29}{space 2} 125.9335{col 40}{space 1}   10.76{col 49}{space 3}0.000{col 57}{space 4} 1107.516{col 70}{space 3} 1601.906
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 993.4349{col 29}{space 2} 130.6269{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 737.0272{col 70}{space 3} 1249.843
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1220.462{col 29}{space 2} 129.9263{col 40}{space 1}    9.39{col 49}{space 3}0.000{col 57}{space 4} 965.4301{col 70}{space 3} 1475.495
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1057.015{col 29}{space 2} 132.4088{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4} 797.1101{col 70}{space 3} 1316.921
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 851.0653{col 29}{space 2} 134.0838{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 587.8721{col 70}{space 3} 1114.259
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1033.819{col 29}{space 2} 136.6391{col 40}{space 1}    7.57{col 49}{space 3}0.000{col 57}{space 4}   765.61{col 70}{space 3} 1302.028
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1312.934{col 29}{space 2}  138.332{col 40}{space 1}    9.49{col 49}{space 3}0.000{col 57}{space 4} 1041.402{col 70}{space 3} 1584.466
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1186.875{col 29}{space 2} 145.7813{col 40}{space 1}    8.14{col 49}{space 3}0.000{col 57}{space 4} 900.7203{col 70}{space 3} 1473.029
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1387.592{col 29}{space 2} 148.5974{col 40}{space 1}    9.34{col 49}{space 3}0.000{col 57}{space 4}  1095.91{col 70}{space 3} 1679.274
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1229.868{col 29}{space 2} 149.7781{col 40}{space 1}    8.21{col 49}{space 3}0.000{col 57}{space 4} 935.8688{col 70}{space 3} 1523.868
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1025.499{col 29}{space 2} 149.5957{col 40}{space 1}    6.86{col 49}{space 3}0.000{col 57}{space 4} 731.8573{col 70}{space 3}  1319.14
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 337.4818{col 29}{space 2} 150.3356{col 40}{space 1}    2.24{col 49}{space 3}0.025{col 57}{space 4} 42.38798{col 70}{space 3} 632.5757
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1280.242{col 29}{space 2} 146.5143{col 40}{space 1}    8.74{col 49}{space 3}0.000{col 57}{space 4} 992.6488{col 70}{space 3} 1567.835
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-94.31002{col 29}{space 2} 66.61652{col 40}{space 1}   -1.42{col 49}{space 3}0.157{col 57}{space 4}-225.0716{col 70}{space 3} 36.45159
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstatesfullincols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       896
{txt}maximum lag: {res}8{col 49}{txt}F( 86,       809){col 67}= {res}      3.44
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.081739{col 29}{space 2} .0170044{col 40}{space 1}   -4.81{col 49}{space 3}0.000{col 57}{space 4}-.1151168{col 70}{space 3}-.0483611
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .000505{col 29}{space 2} .0004594{col 40}{space 1}    1.10{col 49}{space 3}0.272{col 57}{space 4}-.0003968{col 70}{space 3} .0014067
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0091596{col 29}{space 2} .0258933{col 40}{space 1}   -0.35{col 49}{space 3}0.724{col 57}{space 4}-.0599855{col 70}{space 3} .0416663
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.55e-06{col 29}{space 2} .0014123{col 40}{space 1}    0.00{col 49}{space 3}0.999{col 57}{space 4}-.0027706{col 70}{space 3} .0027737
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1328099{col 29}{space 2} .0570683{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}-.2448292{col 70}{space 3}-.0207905
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035608{col 29}{space 2} .0015913{col 40}{space 1}    2.24{col 49}{space 3}0.026{col 57}{space 4} .0004373{col 70}{space 3} .0066842
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0056939{col 29}{space 2} .0234411{col 40}{space 1}   -0.24{col 49}{space 3}0.808{col 57}{space 4}-.0517064{col 70}{space 3} .0403186
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0004258{col 29}{space 2} .0015936{col 40}{space 1}   -0.27{col 49}{space 3}0.789{col 57}{space 4}-.0035538{col 70}{space 3} .0027023
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0308206{col 29}{space 2} .0516562{col 40}{space 1}   -0.60{col 49}{space 3}0.551{col 57}{space 4}-.1322166{col 70}{space 3} .0705754
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0009619{col 29}{space 2} .0014214{col 40}{space 1}    0.68{col 49}{space 3}0.499{col 57}{space 4}-.0018282{col 70}{space 3}  .003752
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.3040087{col 29}{space 2} .9196907{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4} -2.10927{col 70}{space 3} 1.501253
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .7493924{col 29}{space 2} 1.611585{col 40}{space 1}    0.47{col 49}{space 3}0.642{col 57}{space 4}-2.413989{col 70}{space 3} 3.912774
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .2560891{col 29}{space 2} .7984793{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4}-1.311246{col 70}{space 3} 1.823425
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.189061{col 29}{space 2} 1.030422{col 40}{space 1}    2.12{col 49}{space 3}0.034{col 57}{space 4}  .166445{col 70}{space 3} 4.211677
{txt}{space 12}22  {c |}{col 17}{res}{space 2} .0158856{col 29}{space 2} .9039511{col 40}{space 1}    0.02{col 49}{space 3}0.986{col 57}{space 4}-1.758481{col 70}{space 3} 1.790252
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .8821748{col 29}{space 2} 1.000334{col 40}{space 1}    0.88{col 49}{space 3}0.378{col 57}{space 4}-1.081381{col 70}{space 3}  2.84573
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8788258{col 29}{space 2} .8418367{col 40}{space 1}    1.04{col 49}{space 3}0.297{col 57}{space 4} -.773616{col 70}{space 3} 2.531268
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.015342{col 29}{space 2} 1.043326{col 40}{space 1}    0.97{col 49}{space 3}0.331{col 57}{space 4}-1.032604{col 70}{space 3} 3.063288
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.111609{col 29}{space 2} .8443733{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.5458121{col 70}{space 3}  2.76903
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  2.48431{col 29}{space 2} 1.236417{col 40}{space 1}    2.01{col 49}{space 3}0.045{col 57}{space 4} .0573465{col 70}{space 3} 4.911274
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2046036{col 29}{space 2}  1.20107{col 40}{space 1}    0.17{col 49}{space 3}0.865{col 57}{space 4}-2.152978{col 70}{space 3} 2.562185
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .4403274{col 29}{space 2} 1.127292{col 40}{space 1}    0.39{col 49}{space 3}0.696{col 57}{space 4}-1.772434{col 70}{space 3} 2.653089
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .7005633{col 29}{space 2} 1.178134{col 40}{space 1}    0.59{col 49}{space 3}0.552{col 57}{space 4}-1.611997{col 70}{space 3} 3.013124
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.5993186{col 29}{space 2} 1.836891{col 40}{space 1}   -0.33{col 49}{space 3}0.744{col 57}{space 4}-4.204954{col 70}{space 3} 3.006317
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.243952{col 29}{space 2} 3.270777{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-10.66416{col 70}{space 3} 2.176259
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.614767{col 29}{space 2} 2.618871{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4} -7.75535{col 70}{space 3} 2.525816
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.754649{col 29}{space 2} 2.134135{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-6.943744{col 70}{space 3} 1.434445
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.882198{col 29}{space 2} 2.013352{col 40}{space 1}   -0.93{col 49}{space 3}0.350{col 57}{space 4}-5.834208{col 70}{space 3} 2.069813
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.5500778{col 29}{space 2} 1.894393{col 40}{space 1}   -0.29{col 49}{space 3}0.772{col 57}{space 4}-4.268583{col 70}{space 3} 3.168427
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.918551{col 29}{space 2} 1.859348{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-6.568266{col 70}{space 3} .7311642
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.532361{col 29}{space 2} 2.161732{col 40}{space 1}   -1.17{col 49}{space 3}0.242{col 57}{space 4}-6.775627{col 70}{space 3} 1.710904
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.463624{col 29}{space 2} 2.322873{col 40}{space 1}   -1.49{col 49}{space 3}0.136{col 57}{space 4}-8.023193{col 70}{space 3} 1.095945
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.3857763{col 29}{space 2} 2.383524{col 40}{space 1}   -0.16{col 49}{space 3}0.871{col 57}{space 4}-5.064398{col 70}{space 3} 4.292845
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -1.78369{col 29}{space 2} 1.794094{col 40}{space 1}   -0.99{col 49}{space 3}0.320{col 57}{space 4}-5.305319{col 70}{space 3} 1.737939
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.963767{col 29}{space 2}  3.10897{col 40}{space 1}   -2.24{col 49}{space 3}0.025{col 57}{space 4}-13.06637{col 70}{space 3}-.8611674
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.790149{col 29}{space 2}  2.20584{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-8.119994{col 70}{space 3} .5396968
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-1.278589{col 29}{space 2} 2.470848{col 40}{space 1}   -0.52{col 49}{space 3}0.605{col 57}{space 4}-6.128619{col 70}{space 3}  3.57144
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.675062{col 29}{space 2} 2.359479{col 40}{space 1}   -1.13{col 49}{space 3}0.257{col 57}{space 4}-7.306486{col 70}{space 3} 1.956361
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .3340544{col 29}{space 2} 2.561795{col 40}{space 1}    0.13{col 49}{space 3}0.896{col 57}{space 4}-4.694494{col 70}{space 3} 5.362603
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -.399141{col 29}{space 2} 2.980811{col 40}{space 1}   -0.13{col 49}{space 3}0.894{col 57}{space 4}-6.250177{col 70}{space 3} 5.451895
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.608035{col 29}{space 2}  3.30701{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-10.09937{col 70}{space 3} 2.883298
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.187819{col 29}{space 2} 2.676197{col 40}{space 1}   -0.82{col 49}{space 3}0.414{col 57}{space 4}-7.440927{col 70}{space 3} 3.065289
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 7.923612{col 29}{space 2} 5.483097{col 40}{space 1}    1.45{col 49}{space 3}0.149{col 57}{space 4}-2.839162{col 70}{space 3} 18.68639
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-1.550214{col 29}{space 2} 3.048906{col 40}{space 1}   -0.51{col 49}{space 3}0.611{col 57}{space 4}-7.534913{col 70}{space 3} 4.434485
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .2759127{col 29}{space 2} 3.824044{col 40}{space 1}    0.07{col 49}{space 3}0.942{col 57}{space 4}-7.230305{col 70}{space 3} 7.782131
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-2.193285{col 29}{space 2} 3.105531{col 40}{space 1}   -0.71{col 49}{space 3}0.480{col 57}{space 4}-8.289133{col 70}{space 3} 3.902564
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  -4.5389{col 29}{space 2} 3.115397{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-10.65412{col 70}{space 3} 1.576315
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-4.152324{col 29}{space 2} 3.412356{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-10.85044{col 70}{space 3} 2.545793
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1.152534{col 29}{space 2} 3.840152{col 40}{space 1}    0.30{col 49}{space 3}0.764{col 57}{space 4}-6.385302{col 70}{space 3} 8.690371
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-4.572684{col 29}{space 2} 3.370693{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4}-11.18902{col 70}{space 3} 2.043652
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-10.91646{col 29}{space 2} 4.486529{col 40}{space 1}   -2.43{col 49}{space 3}0.015{col 57}{space 4}-19.72307{col 70}{space 3}-2.109849
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.379243{col 29}{space 2} 3.472211{col 40}{space 1}   -1.26{col 49}{space 3}0.208{col 57}{space 4}-11.19485{col 70}{space 3} 2.436362
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-7.424606{col 29}{space 2} 4.299666{col 40}{space 1}   -1.73{col 49}{space 3}0.085{col 57}{space 4}-15.86442{col 70}{space 3} 1.015212
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.246202{col 29}{space 2}  3.79192{col 40}{space 1}   -1.12{col 49}{space 3}0.263{col 57}{space 4}-11.68936{col 70}{space 3}  3.19696
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.597905{col 29}{space 2} 3.961299{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-9.373541{col 70}{space 3} 6.177731
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-1.835347{col 29}{space 2} 3.349812{col 40}{space 1}   -0.55{col 49}{space 3}0.584{col 57}{space 4}-8.410696{col 70}{space 3} 4.740002
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 2.062616{col 29}{space 2} 3.666144{col 40}{space 1}    0.56{col 49}{space 3}0.574{col 57}{space 4}-5.133662{col 70}{space 3} 9.258893
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-2.599272{col 29}{space 2} 4.059592{col 40}{space 1}   -0.64{col 49}{space 3}0.522{col 57}{space 4}-10.56785{col 70}{space 3} 5.369304
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-4.505846{col 29}{space 2} 4.393029{col 40}{space 1}   -1.03{col 49}{space 3}0.305{col 57}{space 4}-13.12893{col 70}{space 3} 4.117232
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.739002{col 29}{space 2} 4.138873{col 40}{space 1}   -0.90{col 49}{space 3}0.367{col 57}{space 4} -11.8632{col 70}{space 3} 4.385194
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.311813{col 29}{space 2} 5.008541{col 40}{space 1}    0.66{col 49}{space 3}0.509{col 57}{space 4}-6.519456{col 70}{space 3} 13.14308
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.612252{col 29}{space 2} 3.866741{col 40}{space 1}   -0.93{col 49}{space 3}0.350{col 57}{space 4}-11.20228{col 70}{space 3} 3.977776
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .5067665{col 29}{space 2} 4.181984{col 40}{space 1}    0.12{col 49}{space 3}0.904{col 57}{space 4}-7.702053{col 70}{space 3} 8.715586
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.879429{col 29}{space 2}  4.12298{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4}-10.97243{col 70}{space 3} 5.213571
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -.565281{col 29}{space 2} 4.811487{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-10.00975{col 70}{space 3}  8.87919
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.645717{col 29}{space 2} 4.306257{col 40}{space 1}   -0.61{col 49}{space 3}0.539{col 57}{space 4}-11.09847{col 70}{space 3} 5.807038
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-1.401901{col 29}{space 2} 4.440668{col 40}{space 1}   -0.32{col 49}{space 3}0.752{col 57}{space 4}-10.11849{col 70}{space 3} 7.314689
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} -.096608{col 29}{space 2} 4.482067{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4} -8.89446{col 70}{space 3} 8.701244
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .3090437{col 29}{space 2} 5.108134{col 40}{space 1}    0.06{col 49}{space 3}0.952{col 57}{space 4}-9.717716{col 70}{space 3}  10.3358
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-.5543383{col 29}{space 2} 4.587474{col 40}{space 1}   -0.12{col 49}{space 3}0.904{col 57}{space 4}-9.559095{col 70}{space 3} 8.450418
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.44551{col 29}{space 2} 5.256915{col 40}{space 1}    1.99{col 49}{space 3}0.047{col 57}{space 4} .1267062{col 70}{space 3} 20.76431
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.518849{col 29}{space 2} 5.186934{col 40}{space 1}    0.29{col 49}{space 3}0.770{col 57}{space 4}-8.662587{col 70}{space 3} 11.70029
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} .6916099{col 29}{space 2} 4.714494{col 40}{space 1}    0.15{col 49}{space 3}0.883{col 57}{space 4}-8.562473{col 70}{space 3} 9.945692
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.022072{col 29}{space 2} 5.021633{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-11.87904{col 70}{space 3} 7.834896
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-5.204285{col 29}{space 2} 5.469385{col 40}{space 1}   -0.95{col 49}{space 3}0.342{col 57}{space 4}-15.94014{col 70}{space 3} 5.531574
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.276663{col 29}{space 2} 4.872905{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-11.84169{col 70}{space 3} 7.288365
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-2.104079{col 29}{space 2} 5.398971{col 40}{space 1}   -0.39{col 49}{space 3}0.697{col 57}{space 4}-12.70172{col 70}{space 3} 8.493566
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.73072{col 29}{space 2}  4.82402{col 40}{space 1}   -0.77{col 49}{space 3}0.440{col 57}{space 4}-13.19979{col 70}{space 3} 5.738351
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  .857018{col 29}{space 2} 5.565352{col 40}{space 1}    0.15{col 49}{space 3}0.878{col 57}{space 4}-10.06721{col 70}{space 3} 11.78125
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.834059{col 29}{space 2} 5.528504{col 40}{space 1}   -0.33{col 49}{space 3}0.740{col 57}{space 4}-12.68596{col 70}{space 3} 9.017845
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.531416{col 29}{space 2} 6.001164{col 40}{space 1}   -0.26{col 49}{space 3}0.799{col 57}{space 4} -13.3111{col 70}{space 3} 10.24827
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.724601{col 29}{space 2} 5.715116{col 40}{space 1}   -0.48{col 49}{space 3}0.634{col 57}{space 4}-13.94281{col 70}{space 3} 8.493604
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.792607{col 29}{space 2} 6.078557{col 40}{space 1}   -0.62{col 49}{space 3}0.533{col 57}{space 4}-15.72421{col 70}{space 3} 8.138996
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.128423{col 29}{space 2} 5.721339{col 40}{space 1}   -0.37{col 49}{space 3}0.710{col 57}{space 4}-13.35884{col 70}{space 3} 9.101997
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -3.43568{col 29}{space 2} 5.897944{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-15.01276{col 70}{space 3} 8.141397
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.535483{col 29}{space 2} 6.992602{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-15.26127{col 70}{space 3}  12.1903
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-.2104824{col 29}{space 2} 2.274236{col 40}{space 1}   -0.09{col 49}{space 3}0.926{col 57}{space 4}-4.674583{col 70}{space 3} 4.253618
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstatesfullpc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       896
{txt}{hline 13}{c +}{hline 34}   F(86, 809)      = {res}     3.79
{txt}       Model {c |} {res} 11841.5226        86  137.692124   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 29426.1491       809  36.3734846   {txt}R-squared       ={res}    0.2869
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2111
{txt}       Total {c |} {res} 41267.6717       895  46.1091304   {txt}Root MSE        =   {res}  6.031

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.081739{col 29}{space 2} .0176794{col 40}{space 1}   -4.62{col 49}{space 3}0.000{col 57}{space 4}-.1164418{col 70}{space 3}-.0470362
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .000505{col 29}{space 2} .0004643{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-.0004064{col 70}{space 3} .0014163
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0091596{col 29}{space 2} .0377756{col 40}{space 1}   -0.24{col 49}{space 3}0.808{col 57}{space 4}-.0833093{col 70}{space 3}   .06499
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.55e-06{col 29}{space 2} .0013505{col 40}{space 1}    0.00{col 49}{space 3}0.999{col 57}{space 4}-.0026493{col 70}{space 3} .0026524
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1328099{col 29}{space 2} .0376923{col 40}{space 1}   -3.52{col 49}{space 3}0.000{col 57}{space 4}-.2067961{col 70}{space 3}-.0588236
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035608{col 29}{space 2} .0013452{col 40}{space 1}    2.65{col 49}{space 3}0.008{col 57}{space 4} .0009202{col 70}{space 3} .0062013
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0056939{col 29}{space 2} .0365691{col 40}{space 1}   -0.16{col 49}{space 3}0.876{col 57}{space 4}-.0774753{col 70}{space 3} .0660875
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0004258{col 29}{space 2} .0014645{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-.0033004{col 70}{space 3} .0024489
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0308206{col 29}{space 2} .0356626{col 40}{space 1}   -0.86{col 49}{space 3}0.388{col 57}{space 4}-.1008227{col 70}{space 3} .0391814
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0009619{col 29}{space 2} .0015178{col 40}{space 1}    0.63{col 49}{space 3}0.526{col 57}{space 4}-.0020173{col 70}{space 3} .0039411
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.3040087{col 29}{space 2} 1.082691{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-2.429223{col 70}{space 3} 1.821205
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .7493924{col 29}{space 2} 1.406475{col 40}{space 1}    0.53{col 49}{space 3}0.594{col 57}{space 4}-2.011378{col 70}{space 3} 3.510162
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .2560891{col 29}{space 2}  1.15837{col 40}{space 1}    0.22{col 49}{space 3}0.825{col 57}{space 4}-2.017676{col 70}{space 3} 2.529854
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.189061{col 29}{space 2} 1.270785{col 40}{space 1}    1.72{col 49}{space 3}0.085{col 57}{space 4} -.305364{col 70}{space 3} 4.683486
{txt}{space 12}22  {c |}{col 17}{res}{space 2} .0158856{col 29}{space 2} 1.085508{col 40}{space 1}    0.01{col 49}{space 3}0.988{col 57}{space 4}-2.114859{col 70}{space 3}  2.14663
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .8821748{col 29}{space 2} 1.188145{col 40}{space 1}    0.74{col 49}{space 3}0.458{col 57}{space 4}-1.450036{col 70}{space 3} 3.214385
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8788258{col 29}{space 2} 1.129361{col 40}{space 1}    0.78{col 49}{space 3}0.437{col 57}{space 4}-1.337997{col 70}{space 3} 3.095649
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.015342{col 29}{space 2} 1.164089{col 40}{space 1}    0.87{col 49}{space 3}0.383{col 57}{space 4}-1.269649{col 70}{space 3} 3.300333
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.111609{col 29}{space 2} 1.086907{col 40}{space 1}    1.02{col 49}{space 3}0.307{col 57}{space 4}-1.021882{col 70}{space 3}   3.2451
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  2.48431{col 29}{space 2} 1.260717{col 40}{space 1}    1.97{col 49}{space 3}0.049{col 57}{space 4}  .009648{col 70}{space 3} 4.958972
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2046036{col 29}{space 2} 1.287852{col 40}{space 1}    0.16{col 49}{space 3}0.874{col 57}{space 4}-2.323322{col 70}{space 3} 2.732529
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .4403274{col 29}{space 2} 1.528507{col 40}{space 1}    0.29{col 49}{space 3}0.773{col 57}{space 4} -2.55998{col 70}{space 3} 3.440634
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .7005633{col 29}{space 2} 1.202805{col 40}{space 1}    0.58{col 49}{space 3}0.560{col 57}{space 4}-1.660424{col 70}{space 3} 3.061551
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.5993186{col 29}{space 2} 2.538578{col 40}{space 1}   -0.24{col 49}{space 3}0.813{col 57}{space 4}-5.582296{col 70}{space 3} 4.383658
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.243952{col 29}{space 2} 2.822853{col 40}{space 1}   -1.50{col 49}{space 3}0.133{col 57}{space 4}-9.784932{col 70}{space 3} 1.297028
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.614767{col 29}{space 2}  2.76414{col 40}{space 1}   -0.95{col 49}{space 3}0.344{col 57}{space 4}  -8.0405{col 70}{space 3} 2.810966
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.754649{col 29}{space 2} 2.590623{col 40}{space 1}   -1.06{col 49}{space 3}0.288{col 57}{space 4}-7.839786{col 70}{space 3} 2.330487
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-1.882198{col 29}{space 2}  2.63225{col 40}{space 1}   -0.72{col 49}{space 3}0.475{col 57}{space 4}-7.049043{col 70}{space 3} 3.284648
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.5500778{col 29}{space 2}  2.54095{col 40}{space 1}   -0.22{col 49}{space 3}0.829{col 57}{space 4}-5.537711{col 70}{space 3} 4.437555
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.918551{col 29}{space 2} 2.496419{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-7.818774{col 70}{space 3} 1.981672
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.532361{col 29}{space 2} 2.564423{col 40}{space 1}   -0.99{col 49}{space 3}0.324{col 57}{space 4}-7.566069{col 70}{space 3} 2.501346
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.463624{col 29}{space 2} 2.684217{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-8.732476{col 70}{space 3} 1.805228
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.3857763{col 29}{space 2} 2.659707{col 40}{space 1}   -0.15{col 49}{space 3}0.885{col 57}{space 4}-5.606517{col 70}{space 3} 4.834964
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -1.78369{col 29}{space 2} 2.456143{col 40}{space 1}   -0.73{col 49}{space 3}0.468{col 57}{space 4}-6.604854{col 70}{space 3} 3.037474
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.963767{col 29}{space 2} 2.581525{col 40}{space 1}   -2.70{col 49}{space 3}0.007{col 57}{space 4}-12.03104{col 70}{space 3}-1.896489
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-3.790149{col 29}{space 2} 2.667819{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-9.026812{col 70}{space 3} 1.446514
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-1.278589{col 29}{space 2} 2.621567{col 40}{space 1}   -0.49{col 49}{space 3}0.626{col 57}{space 4}-6.424466{col 70}{space 3} 3.867287
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.675062{col 29}{space 2} 2.656285{col 40}{space 1}   -1.01{col 49}{space 3}0.314{col 57}{space 4}-7.889086{col 70}{space 3} 2.538961
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .3340544{col 29}{space 2} 2.776652{col 40}{space 1}    0.12{col 49}{space 3}0.904{col 57}{space 4}-5.116238{col 70}{space 3} 5.784347
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -.399141{col 29}{space 2} 2.777363{col 40}{space 1}   -0.14{col 49}{space 3}0.886{col 57}{space 4}-5.850829{col 70}{space 3} 5.052547
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.608035{col 29}{space 2} 2.853762{col 40}{space 1}   -1.26{col 49}{space 3}0.206{col 57}{space 4}-9.209687{col 70}{space 3} 1.993617
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.187819{col 29}{space 2} 2.912765{col 40}{space 1}   -0.75{col 49}{space 3}0.453{col 57}{space 4}-7.905287{col 70}{space 3} 3.529649
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 7.923612{col 29}{space 2} 2.920892{col 40}{space 1}    2.71{col 49}{space 3}0.007{col 57}{space 4} 2.190191{col 70}{space 3} 13.65703
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-1.550214{col 29}{space 2} 2.999052{col 40}{space 1}   -0.52{col 49}{space 3}0.605{col 57}{space 4}-7.437054{col 70}{space 3} 4.336627
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .2759127{col 29}{space 2} 3.069088{col 40}{space 1}    0.09{col 49}{space 3}0.928{col 57}{space 4}-5.748403{col 70}{space 3} 6.300228
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-2.193285{col 29}{space 2} 3.057753{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4} -8.19535{col 70}{space 3} 3.808781
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  -4.5389{col 29}{space 2} 3.075777{col 40}{space 1}   -1.48{col 49}{space 3}0.140{col 57}{space 4}-10.57634{col 70}{space 3} 1.498544
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-4.152324{col 29}{space 2} 3.316125{col 40}{space 1}   -1.25{col 49}{space 3}0.211{col 57}{space 4}-10.66155{col 70}{space 3}   2.3569
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1.152534{col 29}{space 2} 3.532148{col 40}{space 1}    0.33{col 49}{space 3}0.744{col 57}{space 4}-5.780722{col 70}{space 3}  8.08579
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-4.572684{col 29}{space 2} 3.398036{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-11.24269{col 70}{space 3} 2.097323
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-10.91646{col 29}{space 2} 3.200045{col 40}{space 1}   -3.41{col 49}{space 3}0.001{col 57}{space 4}-17.19783{col 70}{space 3}-4.635088
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.379243{col 29}{space 2} 3.523104{col 40}{space 1}   -1.24{col 49}{space 3}0.214{col 57}{space 4}-11.29475{col 70}{space 3} 2.536259
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-7.424606{col 29}{space 2}  3.84904{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-14.97989{col 70}{space 3} .1306777
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.246202{col 29}{space 2} 3.893785{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-11.88931{col 70}{space 3}  3.39691
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.597905{col 29}{space 2} 3.694633{col 40}{space 1}   -0.43{col 49}{space 3}0.665{col 57}{space 4}-8.850103{col 70}{space 3} 5.654292
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-1.835347{col 29}{space 2} 3.608892{col 40}{space 1}   -0.51{col 49}{space 3}0.611{col 57}{space 4}-8.919243{col 70}{space 3} 5.248549
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 2.062616{col 29}{space 2} 3.692056{col 40}{space 1}    0.56{col 49}{space 3}0.577{col 57}{space 4}-5.184523{col 70}{space 3} 9.309754
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-2.599272{col 29}{space 2} 3.943537{col 40}{space 1}   -0.66{col 49}{space 3}0.510{col 57}{space 4}-10.34004{col 70}{space 3} 5.141499
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-4.505846{col 29}{space 2} 4.040362{col 40}{space 1}   -1.12{col 49}{space 3}0.265{col 57}{space 4}-12.43668{col 70}{space 3} 3.424983
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-3.739002{col 29}{space 2} 4.059392{col 40}{space 1}   -0.92{col 49}{space 3}0.357{col 57}{space 4}-11.70719{col 70}{space 3} 4.229182
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.311813{col 29}{space 2} 4.175912{col 40}{space 1}    0.79{col 49}{space 3}0.428{col 57}{space 4}-4.885087{col 70}{space 3} 11.50871
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.612252{col 29}{space 2} 4.076784{col 40}{space 1}   -0.89{col 49}{space 3}0.376{col 57}{space 4}-11.61457{col 70}{space 3}  4.39007
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .5067665{col 29}{space 2} 4.021922{col 40}{space 1}    0.13{col 49}{space 3}0.900{col 57}{space 4}-7.387866{col 70}{space 3} 8.401399
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-2.879429{col 29}{space 2} 4.244367{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4} -11.2107{col 70}{space 3} 5.451841
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} -.565281{col 29}{space 2}  4.36846{col 40}{space 1}   -0.13{col 49}{space 3}0.897{col 57}{space 4}-9.140134{col 70}{space 3} 8.009572
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.645717{col 29}{space 2} 4.358459{col 40}{space 1}   -0.61{col 49}{space 3}0.544{col 57}{space 4}-11.20094{col 70}{space 3} 5.909506
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-1.401901{col 29}{space 2} 4.234621{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4}-9.714042{col 70}{space 3} 6.910239
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} -.096608{col 29}{space 2}  4.43805{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4} -8.80806{col 70}{space 3} 8.614844
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .3090437{col 29}{space 2} 4.601605{col 40}{space 1}    0.07{col 49}{space 3}0.946{col 57}{space 4}-8.723449{col 70}{space 3} 9.341537
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-.5543383{col 29}{space 2}  4.64309{col 40}{space 1}   -0.12{col 49}{space 3}0.905{col 57}{space 4}-9.668263{col 70}{space 3} 8.559587
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.44551{col 29}{space 2} 4.568792{col 40}{space 1}    2.29{col 49}{space 3}0.022{col 57}{space 4} 1.477423{col 70}{space 3} 19.41359
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.518849{col 29}{space 2} 4.729323{col 40}{space 1}    0.32{col 49}{space 3}0.748{col 57}{space 4}-7.764342{col 70}{space 3} 10.80204
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} .6916099{col 29}{space 2} 4.771397{col 40}{space 1}    0.14{col 49}{space 3}0.885{col 57}{space 4}-8.674169{col 70}{space 3} 10.05739
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.022072{col 29}{space 2} 4.992849{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4}-11.82254{col 70}{space 3} 7.778396
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-5.204285{col 29}{space 2} 5.013162{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4}-15.04462{col 70}{space 3} 4.636054
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.276663{col 29}{space 2} 5.040872{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-12.17139{col 70}{space 3} 7.618067
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-2.104079{col 29}{space 2} 5.082123{col 40}{space 1}   -0.41{col 49}{space 3}0.679{col 57}{space 4}-12.07978{col 70}{space 3} 7.871624
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.73072{col 29}{space 2} 5.178308{col 40}{space 1}   -0.72{col 49}{space 3}0.471{col 57}{space 4}-13.89523{col 70}{space 3} 6.433785
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}  .857018{col 29}{space 2} 5.175302{col 40}{space 1}    0.17{col 49}{space 3}0.869{col 57}{space 4}-9.301585{col 70}{space 3} 11.01562
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.834059{col 29}{space 2} 5.448915{col 40}{space 1}   -0.34{col 49}{space 3}0.737{col 57}{space 4}-12.52974{col 70}{space 3} 8.861619
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.531416{col 29}{space 2} 5.616434{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4}-12.55592{col 70}{space 3} 9.493085
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.724601{col 29}{space 2} 5.681467{col 40}{space 1}   -0.48{col 49}{space 3}0.632{col 57}{space 4}-13.87676{col 70}{space 3} 8.427555
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.792607{col 29}{space 2} 5.690372{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-14.96224{col 70}{space 3} 7.377028
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.128423{col 29}{space 2} 5.724349{col 40}{space 1}   -0.37{col 49}{space 3}0.710{col 57}{space 4}-13.36475{col 70}{space 3} 9.107907
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -3.43568{col 29}{space 2} 5.549555{col 40}{space 1}   -0.62{col 49}{space 3}0.536{col 57}{space 4} -14.3289{col 70}{space 3} 7.457544
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.535483{col 29}{space 2}  5.71508{col 40}{space 1}   -0.27{col 49}{space 3}0.788{col 57}{space 4}-12.75362{col 70}{space 3} 9.682651
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-.2104824{col 29}{space 2} 2.580812{col 40}{space 1}   -0.08{col 49}{space 3}0.935{col 57}{space 4} -5.27636{col 70}{space 3} 4.855395
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstatesfullpcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstatesfullinc!=. & nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       896
{txt}maximum lag: {res}8{col 49}{txt}F( 84,       811){col 67}= {res}     51.94
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0639528{col 29}{space 2} .0174756{col 40}{space 1}   -3.66{col 49}{space 3}0.000{col 57}{space 4}-.0982555{col 70}{space 3}-.0296502
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.216668{col 29}{space 2} .4435094{col 40}{space 1}    2.74{col 49}{space 3}0.006{col 57}{space 4} .3461068{col 70}{space 3}  2.08723
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1583957{col 29}{space 2} .0806393{col 40}{space 1}    1.96{col 49}{space 3}0.050{col 57}{space 4} .0001094{col 70}{space 3}  .316682
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0186313{col 29}{space 2} .9551824{col 40}{space 1}   -0.02{col 49}{space 3}0.984{col 57}{space 4}-1.893553{col 70}{space 3}  1.85629
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1492616{col 29}{space 2}  .063079{col 40}{space 1}    2.37{col 49}{space 3}0.018{col 57}{space 4} .0254443{col 70}{space 3} .2730789
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.311422{col 29}{space 2} .8899352{col 40}{space 1}   -1.47{col 49}{space 3}0.141{col 57}{space 4} -3.05827{col 70}{space 3} .4354258
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0359798{col 29}{space 2} .0476353{col 40}{space 1}   -0.76{col 49}{space 3}0.450{col 57}{space 4}-.1294828{col 70}{space 3} .0575232
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.203027{col 29}{space 2} 1.042504{col 40}{space 1}   -1.15{col 49}{space 3}0.249{col 57}{space 4}-3.249352{col 70}{space 3} .8432974
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-25.05103{col 29}{space 2} 15.11993{col 40}{space 1}   -1.66{col 49}{space 3}0.098{col 57}{space 4}-54.72985{col 70}{space 3} 4.627786
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 112.5485{col 29}{space 2} 38.90599{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4} 36.18016{col 70}{space 3} 188.9168
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 59.63679{col 29}{space 2} 29.49172{col 40}{space 1}    2.02{col 49}{space 3}0.043{col 57}{space 4} 1.747692{col 70}{space 3} 117.5259
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-51.10408{col 29}{space 2} 22.18782{col 40}{space 1}   -2.30{col 49}{space 3}0.022{col 57}{space 4}-94.65641{col 70}{space 3}-7.551751
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 42.92662{col 29}{space 2} 30.59834{col 40}{space 1}    1.40{col 49}{space 3}0.161{col 57}{space 4}-17.13466{col 70}{space 3} 102.9879
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-77.00994{col 29}{space 2} 25.39827{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4} -126.864{col 70}{space 3}-27.15585
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 30.92416{col 29}{space 2} 24.20068{col 40}{space 1}    1.28{col 49}{space 3}0.202{col 57}{space 4}-16.57919{col 70}{space 3} 78.42751
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 25.03685{col 29}{space 2} 29.77787{col 40}{space 1}    0.84{col 49}{space 3}0.401{col 57}{space 4}-33.41394{col 70}{space 3} 83.48763
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-23.28824{col 29}{space 2} 17.71747{col 40}{space 1}   -1.31{col 49}{space 3}0.189{col 57}{space 4}-58.06575{col 70}{space 3} 11.48926
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-7.268227{col 29}{space 2} 22.12406{col 40}{space 1}   -0.33{col 49}{space 3}0.743{col 57}{space 4} -50.6954{col 70}{space 3} 36.15895
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 99.42625{col 29}{space 2} 33.79319{col 40}{space 1}    2.94{col 49}{space 3}0.003{col 57}{space 4} 33.09382{col 70}{space 3} 165.7587
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 184.7301{col 29}{space 2} 47.59963{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4} 91.29713{col 70}{space 3} 278.1631
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-64.12872{col 29}{space 2} 22.91587{col 40}{space 1}   -2.80{col 49}{space 3}0.005{col 57}{space 4}-109.1101{col 70}{space 3}-19.14731
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 550.2292{col 29}{space 2} 70.45397{col 40}{space 1}    7.81{col 49}{space 3}0.000{col 57}{space 4} 411.9356{col 70}{space 3} 688.5228
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 279.7782{col 29}{space 2} 102.8777{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 77.84012{col 70}{space 3} 481.7162
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 498.7393{col 29}{space 2} 85.91168{col 40}{space 1}    5.81{col 49}{space 3}0.000{col 57}{space 4} 330.1039{col 70}{space 3} 667.3748
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 460.2415{col 29}{space 2} 84.13938{col 40}{space 1}    5.47{col 49}{space 3}0.000{col 57}{space 4} 295.0849{col 70}{space 3} 625.3981
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 438.2761{col 29}{space 2} 69.99217{col 40}{space 1}    6.26{col 49}{space 3}0.000{col 57}{space 4} 300.8889{col 70}{space 3} 575.6633
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 455.2416{col 29}{space 2} 73.73733{col 40}{space 1}    6.17{col 49}{space 3}0.000{col 57}{space 4} 310.5031{col 70}{space 3} 599.9801
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 255.8517{col 29}{space 2} 73.20992{col 40}{space 1}    3.49{col 49}{space 3}0.001{col 57}{space 4} 112.1484{col 70}{space 3}  399.555
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}  673.975{col 29}{space 2} 68.36113{col 40}{space 1}    9.86{col 49}{space 3}0.000{col 57}{space 4} 539.7894{col 70}{space 3} 808.1606
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 548.9694{col 29}{space 2}  90.6442{col 40}{space 1}    6.06{col 49}{space 3}0.000{col 57}{space 4} 371.0445{col 70}{space 3} 726.8943
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 287.5094{col 29}{space 2} 80.00744{col 40}{space 1}    3.59{col 49}{space 3}0.000{col 57}{space 4} 130.4633{col 70}{space 3} 444.5555
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 392.9294{col 29}{space 2} 75.79942{col 40}{space 1}    5.18{col 49}{space 3}0.000{col 57}{space 4} 244.1432{col 70}{space 3} 541.7156
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 592.8113{col 29}{space 2} 71.93344{col 40}{space 1}    8.24{col 49}{space 3}0.000{col 57}{space 4} 451.6136{col 70}{space 3}  734.009
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 363.7131{col 29}{space 2} 77.76049{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 211.0776{col 70}{space 3} 516.3487
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}  502.987{col 29}{space 2} 72.96276{col 40}{space 1}    6.89{col 49}{space 3}0.000{col 57}{space 4} 359.7689{col 70}{space 3} 646.2051
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 583.6258{col 29}{space 2} 75.98914{col 40}{space 1}    7.68{col 49}{space 3}0.000{col 57}{space 4} 434.4673{col 70}{space 3} 732.7844
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 589.2933{col 29}{space 2} 77.99105{col 40}{space 1}    7.56{col 49}{space 3}0.000{col 57}{space 4} 436.2052{col 70}{space 3} 742.3815
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 685.2297{col 29}{space 2} 77.43913{col 40}{space 1}    8.85{col 49}{space 3}0.000{col 57}{space 4} 533.2249{col 70}{space 3} 837.2345
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 744.9356{col 29}{space 2} 82.36698{col 40}{space 1}    9.04{col 49}{space 3}0.000{col 57}{space 4}  583.258{col 70}{space 3} 906.6132
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 739.8863{col 29}{space 2}  87.0686{col 40}{space 1}    8.50{col 49}{space 3}0.000{col 57}{space 4} 568.9799{col 70}{space 3} 910.7927
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 722.1277{col 29}{space 2} 84.74874{col 40}{space 1}    8.52{col 49}{space 3}0.000{col 57}{space 4}  555.775{col 70}{space 3} 888.4805
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 787.9331{col 29}{space 2} 86.58329{col 40}{space 1}    9.10{col 49}{space 3}0.000{col 57}{space 4} 617.9793{col 70}{space 3} 957.8868
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 754.9461{col 29}{space 2} 95.88751{col 40}{space 1}    7.87{col 49}{space 3}0.000{col 57}{space 4} 566.7291{col 70}{space 3}  943.163
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 628.1147{col 29}{space 2} 94.31411{col 40}{space 1}    6.66{col 49}{space 3}0.000{col 57}{space 4} 442.9862{col 70}{space 3} 813.2433
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 746.2852{col 29}{space 2} 88.98477{col 40}{space 1}    8.39{col 49}{space 3}0.000{col 57}{space 4} 571.6176{col 70}{space 3} 920.9529
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1051.938{col 29}{space 2} 98.44732{col 40}{space 1}   10.69{col 49}{space 3}0.000{col 57}{space 4} 858.6967{col 70}{space 3}  1245.18
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 972.4132{col 29}{space 2} 116.3802{col 40}{space 1}    8.36{col 49}{space 3}0.000{col 57}{space 4} 743.9713{col 70}{space 3} 1200.855
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}  386.392{col 29}{space 2} 116.8725{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} 156.9838{col 70}{space 3} 615.8003
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 514.8807{col 29}{space 2}  106.704{col 40}{space 1}    4.83{col 49}{space 3}0.000{col 57}{space 4} 305.4322{col 70}{space 3} 724.3292
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1079.095{col 29}{space 2} 108.5511{col 40}{space 1}    9.94{col 49}{space 3}0.000{col 57}{space 4}  866.021{col 70}{space 3} 1292.169
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 870.6904{col 29}{space 2}  131.624{col 40}{space 1}    6.61{col 49}{space 3}0.000{col 57}{space 4} 612.3264{col 70}{space 3} 1129.054
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 977.8689{col 29}{space 2} 120.5551{col 40}{space 1}    8.11{col 49}{space 3}0.000{col 57}{space 4}  741.232{col 70}{space 3} 1214.506
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 609.0957{col 29}{space 2} 130.8613{col 40}{space 1}    4.65{col 49}{space 3}0.000{col 57}{space 4} 352.2288{col 70}{space 3} 865.9625
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 369.9092{col 29}{space 2} 124.4086{col 40}{space 1}    2.97{col 49}{space 3}0.003{col 57}{space 4} 125.7083{col 70}{space 3} 614.1102
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 906.1234{col 29}{space 2} 123.7852{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4} 663.1462{col 70}{space 3} 1149.101
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}  711.894{col 29}{space 2} 135.0883{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 446.7302{col 70}{space 3} 977.0579
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 857.3881{col 29}{space 2} 140.4455{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4} 581.7086{col 70}{space 3} 1133.068
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1229.605{col 29}{space 2} 131.0024{col 40}{space 1}    9.39{col 49}{space 3}0.000{col 57}{space 4} 972.4614{col 70}{space 3} 1486.749
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 865.5374{col 29}{space 2} 142.2415{col 40}{space 1}    6.08{col 49}{space 3}0.000{col 57}{space 4} 586.3324{col 70}{space 3} 1144.742
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 871.8196{col 29}{space 2} 138.4029{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 600.1494{col 70}{space 3}  1143.49
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}  823.786{col 29}{space 2} 140.4069{col 40}{space 1}    5.87{col 49}{space 3}0.000{col 57}{space 4} 548.1822{col 70}{space 3}  1099.39
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  1055.89{col 29}{space 2} 135.0409{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 790.8195{col 70}{space 3} 1320.961
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 983.5148{col 29}{space 2} 149.4796{col 40}{space 1}    6.58{col 49}{space 3}0.000{col 57}{space 4} 690.1023{col 70}{space 3} 1276.927
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  726.809{col 29}{space 2} 149.3886{col 40}{space 1}    4.87{col 49}{space 3}0.000{col 57}{space 4} 433.5752{col 70}{space 3} 1020.043
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 690.7191{col 29}{space 2} 145.1481{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4} 405.8088{col 70}{space 3} 975.6294
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1132.339{col 29}{space 2} 143.7658{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 850.1418{col 70}{space 3} 1414.536
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 847.1165{col 29}{space 2} 159.9162{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 533.2181{col 70}{space 3} 1161.015
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  1015.17{col 29}{space 2} 150.0673{col 40}{space 1}    6.76{col 49}{space 3}0.000{col 57}{space 4} 720.6041{col 70}{space 3} 1309.736
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 969.7855{col 29}{space 2} 157.7887{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4}  660.063{col 70}{space 3} 1279.508
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1001.931{col 29}{space 2} 153.7873{col 40}{space 1}    6.52{col 49}{space 3}0.000{col 57}{space 4} 700.0629{col 70}{space 3} 1303.799
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1099.917{col 29}{space 2} 159.8285{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 786.1905{col 70}{space 3} 1413.643
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1332.972{col 29}{space 2} 162.7131{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 1013.583{col 70}{space 3}  1652.36
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  960.376{col 29}{space 2} 172.7004{col 40}{space 1}    5.56{col 49}{space 3}0.000{col 57}{space 4} 621.3836{col 70}{space 3} 1299.368
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1184.795{col 29}{space 2} 169.2059{col 40}{space 1}    7.00{col 49}{space 3}0.000{col 57}{space 4} 852.6621{col 70}{space 3} 1516.928
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1022.294{col 29}{space 2}  188.076{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 653.1209{col 70}{space 3} 1391.467
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 828.2745{col 29}{space 2} 177.9477{col 40}{space 1}    4.65{col 49}{space 3}0.000{col 57}{space 4} 478.9821{col 70}{space 3} 1177.567
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 993.8232{col 29}{space 2} 168.7129{col 40}{space 1}    5.89{col 49}{space 3}0.000{col 57}{space 4} 662.6576{col 70}{space 3} 1324.989
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1285.571{col 29}{space 2} 186.4406{col 40}{space 1}    6.90{col 49}{space 3}0.000{col 57}{space 4} 919.6075{col 70}{space 3} 1651.534
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1149.821{col 29}{space 2} 193.9246{col 40}{space 1}    5.93{col 49}{space 3}0.000{col 57}{space 4} 769.1676{col 70}{space 3} 1530.474
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1342.314{col 29}{space 2} 210.0096{col 40}{space 1}    6.39{col 49}{space 3}0.000{col 57}{space 4} 930.0872{col 70}{space 3}  1754.54
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1184.724{col 29}{space 2} 192.5128{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 806.8423{col 70}{space 3} 1562.606
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 992.6741{col 29}{space 2} 238.9157{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 523.7081{col 70}{space 3}  1461.64
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 296.9365{col 29}{space 2} 207.6415{col 40}{space 1}    1.43{col 49}{space 3}0.153{col 57}{space 4}-110.6416{col 70}{space 3} 704.5147
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1247.832{col 29}{space 2} 194.6987{col 40}{space 1}    6.41{col 49}{space 3}0.000{col 57}{space 4} 865.6591{col 70}{space 3} 1630.005
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-78.03742{col 29}{space 2}  92.1952{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4}-259.0068{col 70}{space 3} 102.9319
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstatesfullincols!=. & nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       896
{txt}{hline 13}{c +}{hline 34}   F(84, 811)      = {res}    20.85
{txt}       Model {c |} {res}   43127033        84   513417.06   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 19970730.1       811  24624.8214   {txt}R-squared       ={res}    0.6835
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6507
{txt}       Total {c |} {res} 63097763.1       895   70500.294   {txt}Root MSE        =   {res} 156.92

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0639528{col 29}{space 2} .0116747{col 40}{space 1}   -5.48{col 49}{space 3}0.000{col 57}{space 4}-.0868689{col 70}{space 3}-.0410367
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.216668{col 29}{space 2} .4447152{col 40}{space 1}    2.74{col 49}{space 3}0.006{col 57}{space 4} .3437398{col 70}{space 3} 2.089597
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1583957{col 29}{space 2} .0346163{col 40}{space 1}    4.58{col 49}{space 3}0.000{col 57}{space 4} .0904476{col 70}{space 3} .2263439
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0186313{col 29}{space 2} .9143627{col 40}{space 1}   -0.02{col 49}{space 3}0.984{col 57}{space 4}-1.813428{col 70}{space 3} 1.776165
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1492616{col 29}{space 2} .0377426{col 40}{space 1}    3.95{col 49}{space 3}0.000{col 57}{space 4} .0751769{col 70}{space 3} .2233463
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.311422{col 29}{space 2} .9533239{col 40}{space 1}   -1.38{col 49}{space 3}0.169{col 57}{space 4}-3.182695{col 70}{space 3} .5598511
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0359798{col 29}{space 2} .0394186{col 40}{space 1}   -0.91{col 49}{space 3}0.362{col 57}{space 4}-.1133544{col 70}{space 3} .0413948
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.203027{col 29}{space 2} .9541101{col 40}{space 1}   -1.26{col 49}{space 3}0.208{col 57}{space 4}-3.075844{col 70}{space 3} .6697892
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-25.05103{col 29}{space 2}  28.1485{col 40}{space 1}   -0.89{col 49}{space 3}0.374{col 57}{space 4}-80.30353{col 70}{space 3} 30.20147
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 112.5485{col 29}{space 2} 36.36391{col 40}{space 1}    3.10{col 49}{space 3}0.002{col 57}{space 4}    41.17{col 70}{space 3}  183.927
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 59.63679{col 29}{space 2} 30.04308{col 40}{space 1}    1.99{col 49}{space 3}0.047{col 57}{space 4} .6654212{col 70}{space 3} 118.6082
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-51.10408{col 29}{space 2} 32.56841{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-115.0324{col 70}{space 3} 12.82424
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 42.92662{col 29}{space 2}  28.1775{col 40}{space 1}    1.52{col 49}{space 3}0.128{col 57}{space 4}-12.38281{col 70}{space 3} 98.23604
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-77.00994{col 29}{space 2} 30.73993{col 40}{space 1}   -2.51{col 49}{space 3}0.012{col 57}{space 4}-137.3491{col 70}{space 3}-16.67074
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 30.92416{col 29}{space 2} 29.36718{col 40}{space 1}    1.05{col 49}{space 3}0.293{col 57}{space 4}-26.72048{col 70}{space 3}  88.5688
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 25.03685{col 29}{space 2} 30.25198{col 40}{space 1}    0.83{col 49}{space 3}0.408{col 57}{space 4}-34.34457{col 70}{space 3} 84.41827
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-23.28824{col 29}{space 2} 28.25762{col 40}{space 1}   -0.82{col 49}{space 3}0.410{col 57}{space 4}-78.75494{col 70}{space 3} 32.17845
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-7.268227{col 29}{space 2} 32.58112{col 40}{space 1}   -0.22{col 49}{space 3}0.824{col 57}{space 4}-71.22148{col 70}{space 3} 56.68503
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 99.42625{col 29}{space 2} 33.25578{col 40}{space 1}    2.99{col 49}{space 3}0.003{col 57}{space 4}  34.1487{col 70}{space 3} 164.7038
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 184.7301{col 29}{space 2} 39.16265{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4}  107.858{col 70}{space 3} 261.6022
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-64.12872{col 29}{space 2} 30.66049{col 40}{space 1}   -2.09{col 49}{space 3}0.037{col 57}{space 4} -124.312{col 70}{space 3} -3.94545
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 550.2292{col 29}{space 2} 63.01365{col 40}{space 1}    8.73{col 49}{space 3}0.000{col 57}{space 4} 426.5401{col 70}{space 3} 673.9183
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 279.7782{col 29}{space 2} 72.59658{col 40}{space 1}    3.85{col 49}{space 3}0.000{col 57}{space 4} 137.2788{col 70}{space 3} 422.2775
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 498.7393{col 29}{space 2} 69.46023{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4} 362.3963{col 70}{space 3} 635.0824
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 460.2415{col 29}{space 2} 65.02259{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4} 332.6091{col 70}{space 3} 587.8739
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 438.2761{col 29}{space 2} 66.24487{col 40}{space 1}    6.62{col 49}{space 3}0.000{col 57}{space 4} 308.2445{col 70}{space 3} 568.3077
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 455.2416{col 29}{space 2} 63.50435{col 40}{space 1}    7.17{col 49}{space 3}0.000{col 57}{space 4} 330.5893{col 70}{space 3} 579.8939
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 255.8517{col 29}{space 2} 64.02354{col 40}{space 1}    4.00{col 49}{space 3}0.000{col 57}{space 4} 130.1803{col 70}{space 3} 381.5231
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}  673.975{col 29}{space 2} 62.23844{col 40}{space 1}   10.83{col 49}{space 3}0.000{col 57}{space 4} 551.8075{col 70}{space 3} 796.1424
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 548.9694{col 29}{space 2}  67.0091{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 417.4377{col 70}{space 3} 680.5011
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 287.5094{col 29}{space 2} 68.39027{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 153.2666{col 70}{space 3} 421.7522
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 392.9294{col 29}{space 2} 62.17825{col 40}{space 1}    6.32{col 49}{space 3}0.000{col 57}{space 4} 270.8801{col 70}{space 3} 514.9787
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 592.8113{col 29}{space 2} 63.94624{col 40}{space 1}    9.27{col 49}{space 3}0.000{col 57}{space 4} 467.2916{col 70}{space 3} 718.3309
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 363.7131{col 29}{space 2} 68.16837{col 40}{space 1}    5.34{col 49}{space 3}0.000{col 57}{space 4} 229.9059{col 70}{space 3} 497.5204
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}  502.987{col 29}{space 2} 65.84489{col 40}{space 1}    7.64{col 49}{space 3}0.000{col 57}{space 4} 373.7405{col 70}{space 3} 632.2335
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 583.6258{col 29}{space 2} 65.75024{col 40}{space 1}    8.88{col 49}{space 3}0.000{col 57}{space 4} 454.5651{col 70}{space 3} 712.6866
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 589.2933{col 29}{space 2}  68.7506{col 40}{space 1}    8.57{col 49}{space 3}0.000{col 57}{space 4} 454.3432{col 70}{space 3} 724.2435
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 685.2297{col 29}{space 2} 67.97199{col 40}{space 1}   10.08{col 49}{space 3}0.000{col 57}{space 4} 551.8079{col 70}{space 3} 818.6515
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 744.9356{col 29}{space 2}  69.5349{col 40}{space 1}   10.71{col 49}{space 3}0.000{col 57}{space 4}  608.446{col 70}{space 3} 881.4252
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 739.8863{col 29}{space 2}  71.0654{col 40}{space 1}   10.41{col 49}{space 3}0.000{col 57}{space 4} 600.3925{col 70}{space 3} 879.3801
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 722.1277{col 29}{space 2} 71.90827{col 40}{space 1}   10.04{col 49}{space 3}0.000{col 57}{space 4} 580.9795{col 70}{space 3}  863.276
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 787.9331{col 29}{space 2} 72.93747{col 40}{space 1}   10.80{col 49}{space 3}0.000{col 57}{space 4} 644.7646{col 70}{space 3} 931.1015
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 754.9461{col 29}{space 2} 75.23012{col 40}{space 1}   10.04{col 49}{space 3}0.000{col 57}{space 4} 607.2774{col 70}{space 3} 902.6147
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 628.1147{col 29}{space 2} 75.31815{col 40}{space 1}    8.34{col 49}{space 3}0.000{col 57}{space 4} 480.2732{col 70}{space 3} 775.9562
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 746.2852{col 29}{space 2} 75.14857{col 40}{space 1}    9.93{col 49}{space 3}0.000{col 57}{space 4} 598.7766{col 70}{space 3} 893.7939
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1051.938{col 29}{space 2} 77.98308{col 40}{space 1}   13.49{col 49}{space 3}0.000{col 57}{space 4} 898.8658{col 70}{space 3} 1205.011
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 972.4132{col 29}{space 2} 85.26378{col 40}{space 1}   11.40{col 49}{space 3}0.000{col 57}{space 4} 805.0494{col 70}{space 3} 1139.777
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}  386.392{col 29}{space 2} 87.42156{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4} 214.7928{col 70}{space 3} 557.9912
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 514.8807{col 29}{space 2} 81.81839{col 40}{space 1}    6.29{col 49}{space 3}0.000{col 57}{space 4} 354.2799{col 70}{space 3} 675.4815
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1079.095{col 29}{space 2} 83.24512{col 40}{space 1}   12.96{col 49}{space 3}0.000{col 57}{space 4} 915.6938{col 70}{space 3} 1242.496
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 870.6904{col 29}{space 2} 95.46025{col 40}{space 1}    9.12{col 49}{space 3}0.000{col 57}{space 4} 683.3121{col 70}{space 3} 1058.069
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 977.8689{col 29}{space 2} 95.33494{col 40}{space 1}   10.26{col 49}{space 3}0.000{col 57}{space 4} 790.7365{col 70}{space 3} 1165.001
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 609.0957{col 29}{space 2} 93.25669{col 40}{space 1}    6.53{col 49}{space 3}0.000{col 57}{space 4} 426.0427{col 70}{space 3} 792.1486
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 369.9092{col 29}{space 2} 92.82392{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4} 187.7058{col 70}{space 3} 552.1127
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 906.1234{col 29}{space 2} 90.43765{col 40}{space 1}   10.02{col 49}{space 3}0.000{col 57}{space 4} 728.6039{col 70}{space 3} 1083.643
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}  711.894{col 29}{space 2} 98.88947{col 40}{space 1}    7.20{col 49}{space 3}0.000{col 57}{space 4} 517.7846{col 70}{space 3} 906.0035
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 857.3881{col 29}{space 2}  100.243{col 40}{space 1}    8.55{col 49}{space 3}0.000{col 57}{space 4} 660.6217{col 70}{space 3} 1054.154
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1229.605{col 29}{space 2} 96.01606{col 40}{space 1}   12.81{col 49}{space 3}0.000{col 57}{space 4} 1041.136{col 70}{space 3} 1418.074
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 865.5374{col 29}{space 2} 104.0009{col 40}{space 1}    8.32{col 49}{space 3}0.000{col 57}{space 4} 661.3948{col 70}{space 3}  1069.68
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 871.8196{col 29}{space 2} 101.4378{col 40}{space 1}    8.59{col 49}{space 3}0.000{col 57}{space 4}  672.708{col 70}{space 3} 1070.931
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}  823.786{col 29}{space 2} 100.3222{col 40}{space 1}    8.21{col 49}{space 3}0.000{col 57}{space 4} 626.8644{col 70}{space 3} 1020.708
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  1055.89{col 29}{space 2} 102.8727{col 40}{space 1}   10.26{col 49}{space 3}0.000{col 57}{space 4} 853.9623{col 70}{space 3} 1257.818
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 983.5148{col 29}{space 2} 107.5001{col 40}{space 1}    9.15{col 49}{space 3}0.000{col 57}{space 4} 772.5037{col 70}{space 3} 1194.526
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}  726.809{col 29}{space 2} 109.8814{col 40}{space 1}    6.61{col 49}{space 3}0.000{col 57}{space 4} 511.1234{col 70}{space 3} 942.4945
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 690.7191{col 29}{space 2} 106.9791{col 40}{space 1}    6.46{col 49}{space 3}0.000{col 57}{space 4} 480.7306{col 70}{space 3} 900.7076
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1132.339{col 29}{space 2} 107.9225{col 40}{space 1}   10.49{col 49}{space 3}0.000{col 57}{space 4} 920.4983{col 70}{space 3} 1344.179
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 847.1165{col 29}{space 2} 115.4833{col 40}{space 1}    7.34{col 49}{space 3}0.000{col 57}{space 4}  620.435{col 70}{space 3} 1073.798
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  1015.17{col 29}{space 2} 114.9652{col 40}{space 1}    8.83{col 49}{space 3}0.000{col 57}{space 4} 789.5056{col 70}{space 3} 1240.835
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 969.7855{col 29}{space 2} 113.7798{col 40}{space 1}    8.52{col 49}{space 3}0.000{col 57}{space 4} 746.4478{col 70}{space 3} 1193.123
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1001.931{col 29}{space 2} 117.0689{col 40}{space 1}    8.56{col 49}{space 3}0.000{col 57}{space 4} 772.1373{col 70}{space 3} 1231.725
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1099.917{col 29}{space 2} 117.3267{col 40}{space 1}    9.37{col 49}{space 3}0.000{col 57}{space 4} 869.6171{col 70}{space 3} 1330.217
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1332.972{col 29}{space 2} 119.5254{col 40}{space 1}   11.15{col 49}{space 3}0.000{col 57}{space 4} 1098.356{col 70}{space 3} 1567.588
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}  960.376{col 29}{space 2}  124.824{col 40}{space 1}    7.69{col 49}{space 3}0.000{col 57}{space 4} 715.3598{col 70}{space 3} 1205.392
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1184.795{col 29}{space 2} 124.0239{col 40}{space 1}    9.55{col 49}{space 3}0.000{col 57}{space 4} 941.3495{col 70}{space 3} 1428.241
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1022.294{col 29}{space 2} 127.0045{col 40}{space 1}    8.05{col 49}{space 3}0.000{col 57}{space 4} 772.9979{col 70}{space 3}  1271.59
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 828.2745{col 29}{space 2} 131.3369{col 40}{space 1}    6.31{col 49}{space 3}0.000{col 57}{space 4} 570.4741{col 70}{space 3} 1086.075
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 993.8232{col 29}{space 2} 129.7259{col 40}{space 1}    7.66{col 49}{space 3}0.000{col 57}{space 4}  739.185{col 70}{space 3} 1248.461
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1285.571{col 29}{space 2} 133.8792{col 40}{space 1}    9.60{col 49}{space 3}0.000{col 57}{space 4}  1022.78{col 70}{space 3} 1548.361
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1149.821{col 29}{space 2} 140.0232{col 40}{space 1}    8.21{col 49}{space 3}0.000{col 57}{space 4} 874.9703{col 70}{space 3} 1424.671
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1342.314{col 29}{space 2} 139.5257{col 40}{space 1}    9.62{col 49}{space 3}0.000{col 57}{space 4}  1068.44{col 70}{space 3} 1616.188
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1184.724{col 29}{space 2} 141.5676{col 40}{space 1}    8.37{col 49}{space 3}0.000{col 57}{space 4} 906.8421{col 70}{space 3} 1462.607
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 992.6741{col 29}{space 2} 144.2149{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 709.5955{col 70}{space 3} 1275.753
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 296.9365{col 29}{space 2} 143.4027{col 40}{space 1}    2.07{col 49}{space 3}0.039{col 57}{space 4} 15.45234{col 70}{space 3} 578.4207
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1247.832{col 29}{space 2} 141.5964{col 40}{space 1}    8.81{col 49}{space 3}0.000{col 57}{space 4} 969.8933{col 70}{space 3}  1525.77
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-78.03742{col 29}{space 2} 65.59417{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4}-206.7918{col 70}{space 3} 50.71695
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       896{col 27}-6272.059{col 38}-5756.672{col 49}    85{col 58} 11683.34{col 69} 12091.17
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstatesfullpc!=. & nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       896
{txt}maximum lag: {res}8{col 49}{txt}F( 84,       811){col 67}= {res}      3.38
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0856886{col 29}{space 2} .0168998{col 40}{space 1}   -5.07{col 49}{space 3}0.000{col 57}{space 4}-.1188611{col 70}{space 3}-.0525161
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0006222{col 29}{space 2} .0004345{col 40}{space 1}    1.43{col 49}{space 3}0.153{col 57}{space 4}-.0002307{col 70}{space 3}  .001475
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0048761{col 29}{space 2}  .026141{col 40}{space 1}   -0.19{col 49}{space 3}0.852{col 57}{space 4}-.0561881{col 70}{space 3} .0464359
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0000528{col 29}{space 2} .0014063{col 40}{space 1}   -0.04{col 49}{space 3}0.970{col 57}{space 4}-.0028133{col 70}{space 3} .0027077
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1235167{col 29}{space 2}  .055236{col 40}{space 1}   -2.24{col 49}{space 3}0.026{col 57}{space 4}-.2319391{col 70}{space 3}-.0150943
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034995{col 29}{space 2} .0016046{col 40}{space 1}    2.18{col 49}{space 3}0.029{col 57}{space 4} .0003499{col 70}{space 3} .0066491
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0009832{col 29}{space 2} .0234097{col 40}{space 1}   -0.04{col 49}{space 3}0.967{col 57}{space 4}-.0469339{col 70}{space 3} .0449674
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0002859{col 29}{space 2} .0016158{col 40}{space 1}   -0.18{col 49}{space 3}0.860{col 57}{space 4}-.0034574{col 70}{space 3} .0028857
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.2631433{col 29}{space 2} .9218039{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-2.072546{col 70}{space 3}  1.54626
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .6066785{col 29}{space 2} 1.545057{col 40}{space 1}    0.39{col 49}{space 3}0.695{col 57}{space 4}-2.426104{col 70}{space 3} 3.639461
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .1733869{col 29}{space 2} .7809439{col 40}{space 1}    0.22{col 49}{space 3}0.824{col 57}{space 4}-1.359523{col 70}{space 3} 1.706297
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.336538{col 29}{space 2} 1.026479{col 40}{space 1}    2.28{col 49}{space 3}0.023{col 57}{space 4}  .321669{col 70}{space 3} 4.351406
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.0313524{col 29}{space 2} .9039633{col 40}{space 1}   -0.03{col 49}{space 3}0.972{col 57}{space 4}-1.805736{col 70}{space 3} 1.743031
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .9957151{col 29}{space 2} .9811311{col 40}{space 1}    1.01{col 49}{space 3}0.310{col 57}{space 4}-.9301407{col 70}{space 3} 2.921571
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8619318{col 29}{space 2}  .832067{col 40}{space 1}    1.04{col 49}{space 3}0.301{col 57}{space 4} -.771327{col 70}{space 3} 2.495191
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.004607{col 29}{space 2} 1.032152{col 40}{space 1}    0.97{col 49}{space 3}0.331{col 57}{space 4}-1.021398{col 70}{space 3} 3.030611
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.148702{col 29}{space 2} .8395459{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-.4992372{col 70}{space 3} 2.796641
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.582346{col 29}{space 2} 1.206614{col 40}{space 1}    2.14{col 49}{space 3}0.033{col 57}{space 4} .2138902{col 70}{space 3} 4.950801
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .0545549{col 29}{space 2}  1.16281{col 40}{space 1}    0.05{col 49}{space 3}0.963{col 57}{space 4}-2.227916{col 70}{space 3} 2.337026
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .2743634{col 29}{space 2} 1.089813{col 40}{space 1}    0.25{col 49}{space 3}0.801{col 57}{space 4}-1.864823{col 70}{space 3}  2.41355
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .8400881{col 29}{space 2} 1.129439{col 40}{space 1}    0.74{col 49}{space 3}0.457{col 57}{space 4}-1.376881{col 70}{space 3} 3.057057
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7252104{col 29}{space 2}  1.75748{col 40}{space 1}   -0.41{col 49}{space 3}0.680{col 57}{space 4}-4.174956{col 70}{space 3} 2.724535
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.763714{col 29}{space 2} 2.970153{col 40}{space 1}   -1.60{col 49}{space 3}0.109{col 57}{space 4}-10.59381{col 70}{space 3}  1.06638
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.172602{col 29}{space 2} 2.276803{col 40}{space 1}   -1.39{col 49}{space 3}0.164{col 57}{space 4}-7.641722{col 70}{space 3} 1.296519
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  -2.8109{col 29}{space 2}  2.07971{col 40}{space 1}   -1.35{col 49}{space 3}0.177{col 57}{space 4}-6.893149{col 70}{space 3} 1.271349
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.153406{col 29}{space 2} 1.852794{col 40}{space 1}   -1.16{col 49}{space 3}0.245{col 57}{space 4}-5.790243{col 70}{space 3} 1.483431
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.5295151{col 29}{space 2} 1.902434{col 40}{space 1}   -0.28{col 49}{space 3}0.781{col 57}{space 4} -4.26379{col 70}{space 3}  3.20476
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-3.027614{col 29}{space 2} 1.792444{col 40}{space 1}   -1.69{col 49}{space 3}0.092{col 57}{space 4} -6.54599{col 70}{space 3}  .490763
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.688696{col 29}{space 2} 2.047096{col 40}{space 1}   -1.31{col 49}{space 3}0.189{col 57}{space 4}-6.706928{col 70}{space 3} 1.329536
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.620155{col 29}{space 2} 2.238356{col 40}{space 1}   -1.62{col 49}{space 3}0.106{col 57}{space 4}-8.013809{col 70}{space 3} .7734992
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.8755835{col 29}{space 2} 2.358064{col 40}{space 1}   -0.37{col 49}{space 3}0.711{col 57}{space 4}-5.504211{col 70}{space 3} 3.753044
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.823257{col 29}{space 2} 1.758347{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4}-5.274705{col 70}{space 3} 1.628191
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-7.072888{col 29}{space 2} 2.958798{col 40}{space 1}   -2.39{col 49}{space 3}0.017{col 57}{space 4}-12.88069{col 70}{space 3}-1.265082
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} -4.17286{col 29}{space 2} 2.001725{col 40}{space 1}   -2.08{col 49}{space 3}0.037{col 57}{space 4}-8.102033{col 70}{space 3}-.2436876
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-1.693035{col 29}{space 2} 2.214829{col 40}{space 1}   -0.76{col 49}{space 3}0.445{col 57}{space 4}-6.040507{col 70}{space 3} 2.654438
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.854452{col 29}{space 2} 2.237898{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-7.247206{col 70}{space 3} 1.538303
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .0582705{col 29}{space 2} 2.441548{col 40}{space 1}    0.02{col 49}{space 3}0.981{col 57}{space 4}-4.734229{col 70}{space 3}  4.85077
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -.706594{col 29}{space 2} 2.821647{col 40}{space 1}   -0.25{col 49}{space 3}0.802{col 57}{space 4}-6.245185{col 70}{space 3} 4.831997
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.980194{col 29}{space 2} 3.120125{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4}-10.10467{col 70}{space 3} 2.144278
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.542302{col 29}{space 2} 2.502851{col 40}{space 1}   -1.02{col 49}{space 3}0.310{col 57}{space 4}-7.455131{col 70}{space 3} 2.370527
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}  7.54793{col 29}{space 2} 5.316858{col 40}{space 1}    1.42{col 49}{space 3}0.156{col 57}{space 4}-2.888495{col 70}{space 3} 17.98435
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -1.88882{col 29}{space 2} 2.892143{col 40}{space 1}   -0.65{col 49}{space 3}0.514{col 57}{space 4}-7.565789{col 70}{space 3} 3.788149
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-.0581991{col 29}{space 2} 3.708293{col 40}{space 1}   -0.02{col 49}{space 3}0.987{col 57}{space 4}-7.337183{col 70}{space 3} 7.220785
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-2.619531{col 29}{space 2} 2.927659{col 40}{space 1}   -0.89{col 49}{space 3}0.371{col 57}{space 4}-8.366213{col 70}{space 3} 3.127151
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-5.223856{col 29}{space 2}  2.83498{col 40}{space 1}   -1.84{col 49}{space 3}0.066{col 57}{space 4}-10.78862{col 70}{space 3} .3409063
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-4.537633{col 29}{space 2} 3.228336{col 40}{space 1}   -1.41{col 49}{space 3}0.160{col 57}{space 4}-10.87451{col 70}{space 3} 1.799246
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} .5776237{col 29}{space 2} 3.605021{col 40}{space 1}    0.16{col 49}{space 3}0.873{col 57}{space 4}-6.498648{col 70}{space 3} 7.653895
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -5.16703{col 29}{space 2} 3.123903{col 40}{space 1}   -1.65{col 49}{space 3}0.099{col 57}{space 4}-11.29892{col 70}{space 3} .9648584
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.20182{col 29}{space 2} 4.343028{col 40}{space 1}   -2.58{col 49}{space 3}0.010{col 57}{space 4}-19.72672{col 70}{space 3}-2.676923
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.614295{col 29}{space 2} 3.343746{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4}-11.17771{col 70}{space 3} 1.949122
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.394749{col 29}{space 2} 3.845223{col 40}{space 1}   -2.18{col 49}{space 3}0.029{col 57}{space 4}-15.94251{col 70}{space 3}-.8469854
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-5.140024{col 29}{space 2} 3.325061{col 40}{space 1}   -1.55{col 49}{space 3}0.123{col 57}{space 4}-11.66676{col 70}{space 3} 1.386717
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.825998{col 29}{space 2} 3.894258{col 40}{space 1}   -0.47{col 49}{space 3}0.639{col 57}{space 4}-9.470011{col 70}{space 3} 5.818016
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-2.524696{col 29}{space 2} 3.083141{col 40}{space 1}   -0.82{col 49}{space 3}0.413{col 57}{space 4}-8.576573{col 70}{space 3} 3.527181
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1.586327{col 29}{space 2} 3.508759{col 40}{space 1}    0.45{col 49}{space 3}0.651{col 57}{space 4}-5.300992{col 70}{space 3} 8.473646
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-3.481572{col 29}{space 2}  3.63701{col 40}{space 1}   -0.96{col 49}{space 3}0.339{col 57}{space 4}-10.62064{col 70}{space 3} 3.657491
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-5.840737{col 29}{space 2} 3.886181{col 40}{space 1}   -1.50{col 49}{space 3}0.133{col 57}{space 4} -13.4689{col 70}{space 3} 1.787423
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.507513{col 29}{space 2} 3.793882{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4} -11.9545{col 70}{space 3} 2.939472
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 2.265863{col 29}{space 2} 4.546579{col 40}{space 1}    0.50{col 49}{space 3}0.618{col 57}{space 4}-6.658587{col 70}{space 3} 11.19031
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.475703{col 29}{space 2} 3.510764{col 40}{space 1}   -1.27{col 49}{space 3}0.203{col 57}{space 4}-11.36696{col 70}{space 3} 2.415552
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .0415825{col 29}{space 2} 4.032677{col 40}{space 1}    0.01{col 49}{space 3}0.992{col 57}{space 4}-7.874132{col 70}{space 3} 7.957297
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.694095{col 29}{space 2} 3.771172{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4} -11.0965{col 70}{space 3} 3.708314
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.653936{col 29}{space 2}  4.39555{col 40}{space 1}   -0.38{col 49}{space 3}0.707{col 57}{space 4}-10.28193{col 70}{space 3} 6.974061
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.644268{col 29}{space 2} 3.881332{col 40}{space 1}   -0.94{col 49}{space 3}0.348{col 57}{space 4}-11.26291{col 70}{space 3} 3.974374
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.305695{col 29}{space 2} 4.136483{col 40}{space 1}   -0.56{col 49}{space 3}0.577{col 57}{space 4}-10.42517{col 70}{space 3}  5.81378
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.9016797{col 29}{space 2} 4.172328{col 40}{space 1}   -0.22{col 49}{space 3}0.829{col 57}{space 4}-9.091515{col 70}{space 3} 7.288156
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.8126909{col 29}{space 2} 4.656994{col 40}{space 1}   -0.17{col 49}{space 3}0.862{col 57}{space 4}-9.953873{col 70}{space 3} 8.328492
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.779248{col 29}{space 2} 4.058139{col 40}{space 1}   -0.44{col 49}{space 3}0.661{col 57}{space 4}-9.744941{col 70}{space 3} 6.186446
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  9.60886{col 29}{space 2} 4.845974{col 40}{space 1}    1.98{col 49}{space 3}0.048{col 57}{space 4} .0967287{col 70}{space 3} 19.12099
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} .3731248{col 29}{space 2} 4.771312{col 40}{space 1}    0.08{col 49}{space 3}0.938{col 57}{space 4}-8.992452{col 70}{space 3} 9.738702
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.3724791{col 29}{space 2} 4.357334{col 40}{space 1}   -0.09{col 49}{space 3}0.932{col 57}{space 4}-8.925461{col 70}{space 3} 8.180503
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-3.062495{col 29}{space 2} 4.580652{col 40}{space 1}   -0.67{col 49}{space 3}0.504{col 57}{space 4}-12.05383{col 70}{space 3} 5.928836
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.575577{col 29}{space 2} 5.083464{col 40}{space 1}   -1.29{col 49}{space 3}0.196{col 57}{space 4}-16.55387{col 70}{space 3} 3.402721
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-3.307081{col 29}{space 2} 4.469197{col 40}{space 1}   -0.74{col 49}{space 3}0.460{col 57}{space 4}-12.07964{col 70}{space 3} 5.465476
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-2.810294{col 29}{space 2} 5.135527{col 40}{space 1}   -0.55{col 49}{space 3}0.584{col 57}{space 4}-12.89079{col 70}{space 3} 7.270198
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-4.830138{col 29}{space 2} 4.369956{col 40}{space 1}   -1.11{col 49}{space 3}0.269{col 57}{space 4} -13.4079{col 70}{space 3}  3.74762
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} .0113336{col 29}{space 2} 5.109744{col 40}{space 1}    0.00{col 49}{space 3}0.998{col 57}{space 4}-10.01855{col 70}{space 3} 10.04122
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.908706{col 29}{space 2} 5.065599{col 40}{space 1}   -0.57{col 49}{space 3}0.566{col 57}{space 4}-12.85194{col 70}{space 3} 7.034525
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-2.906708{col 29}{space 2} 5.434216{col 40}{space 1}   -0.53{col 49}{space 3}0.593{col 57}{space 4}-13.57349{col 70}{space 3} 7.760079
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} -3.96884{col 29}{space 2} 5.170362{col 40}{space 1}   -0.77{col 49}{space 3}0.443{col 57}{space 4}-14.11771{col 70}{space 3}  6.18003
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.919366{col 29}{space 2} 5.705474{col 40}{space 1}   -0.86{col 49}{space 3}0.389{col 57}{space 4} -16.1186{col 70}{space 3} 6.279871
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-3.347949{col 29}{space 2} 5.299187{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4}-13.74969{col 70}{space 3}  7.05379
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.513556{col 29}{space 2}  5.53934{col 40}{space 1}   -0.81{col 49}{space 3}0.415{col 57}{space 4}-15.38669{col 70}{space 3} 6.359579
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-2.647693{col 29}{space 2} 6.435957{col 40}{space 1}   -0.41{col 49}{space 3}0.681{col 57}{space 4}-15.28079{col 70}{space 3} 9.985406
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-.4251372{col 29}{space 2}  2.30394{col 40}{space 1}   -0.18{col 49}{space 3}0.854{col 57}{space 4}-4.947527{col 70}{space 3} 4.097252
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstatesfullpcols!=. & nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       896
{txt}{hline 13}{c +}{hline 34}   F(84, 811)      = {res}     3.87
{txt}       Model {c |} {res} 11800.8253        84  140.486015   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 29466.8464       811   36.333966   {txt}R-squared       ={res}    0.2860
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2120
{txt}       Total {c |} {res} 41267.6717       895  46.1091304   {txt}Root MSE        =   {res} 6.0278

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0856886{col 29}{space 2} .0172314{col 40}{space 1}   -4.97{col 49}{space 3}0.000{col 57}{space 4}-.1195119{col 70}{space 3}-.0518652
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0006222{col 29}{space 2} .0004472{col 40}{space 1}    1.39{col 49}{space 3}0.164{col 57}{space 4}-.0002556{col 70}{space 3} .0014999
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0048761{col 29}{space 2} .0375281{col 40}{space 1}   -0.13{col 49}{space 3}0.897{col 57}{space 4}-.0785398{col 70}{space 3} .0687877
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0000528{col 29}{space 2} .0013486{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}   -.0027{col 70}{space 3} .0025945
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1235167{col 29}{space 2} .0365207{col 40}{space 1}   -3.38{col 49}{space 3}0.001{col 57}{space 4}-.1952029{col 70}{space 3}-.0518304
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0034995{col 29}{space 2} .0013408{col 40}{space 1}    2.61{col 49}{space 3}0.009{col 57}{space 4} .0008677{col 70}{space 3} .0061313
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0009832{col 29}{space 2} .0362633{col 40}{space 1}   -0.03{col 49}{space 3}0.978{col 57}{space 4}-.0721643{col 70}{space 3} .0701978
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0002859{col 29}{space 2} .0014422{col 40}{space 1}   -0.20{col 49}{space 3}0.843{col 57}{space 4}-.0031168{col 70}{space 3} .0025451
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.2631433{col 29}{space 2} 1.081103{col 40}{space 1}   -0.24{col 49}{space 3}0.808{col 57}{space 4}-2.385233{col 70}{space 3} 1.858946
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .6066785{col 29}{space 2} 1.392551{col 40}{space 1}    0.44{col 49}{space 3}0.663{col 57}{space 4} -2.12675{col 70}{space 3} 3.340107
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .1733869{col 29}{space 2} 1.153942{col 40}{space 1}    0.15{col 49}{space 3}0.881{col 57}{space 4}-2.091678{col 70}{space 3} 2.438452
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.336538{col 29}{space 2} 1.259881{col 40}{space 1}    1.85{col 49}{space 3}0.064{col 57}{space 4}-.1364747{col 70}{space 3}  4.80955
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.0313524{col 29}{space 2} 1.083974{col 40}{space 1}   -0.03{col 49}{space 3}0.977{col 57}{space 4}-2.159077{col 70}{space 3} 2.096372
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .9957151{col 29}{space 2} 1.181092{col 40}{space 1}    0.84{col 49}{space 3}0.399{col 57}{space 4}-1.322643{col 70}{space 3} 3.314073
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8619318{col 29}{space 2} 1.127435{col 40}{space 1}    0.76{col 49}{space 3}0.445{col 57}{space 4}-1.351103{col 70}{space 3} 3.074966
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.004607{col 29}{space 2} 1.160891{col 40}{space 1}    0.87{col 49}{space 3}0.387{col 57}{space 4}-1.274099{col 70}{space 3} 3.283312
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.148702{col 29}{space 2} 1.085704{col 40}{space 1}    1.06{col 49}{space 3}0.290{col 57}{space 4}-.9824202{col 70}{space 3} 3.279824
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.582346{col 29}{space 2} 1.254115{col 40}{space 1}    2.06{col 49}{space 3}0.040{col 57}{space 4} .1206509{col 70}{space 3}  5.04404
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .0545549{col 29}{space 2} 1.275297{col 40}{space 1}    0.04{col 49}{space 3}0.966{col 57}{space 4}-2.448716{col 70}{space 3} 2.557826
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .2743634{col 29}{space 2} 1.515057{col 40}{space 1}    0.18{col 49}{space 3}0.856{col 57}{space 4}-2.699533{col 70}{space 3} 3.248259
{txt}{space 12}54  {c |}{col 17}{res}{space 2} .8400881{col 29}{space 2} 1.192814{col 40}{space 1}    0.70{col 49}{space 3}0.481{col 57}{space 4}-1.501278{col 70}{space 3} 3.181454
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7252104{col 29}{space 2}  2.50724{col 40}{space 1}   -0.29{col 49}{space 3}0.772{col 57}{space 4}-5.646655{col 70}{space 3} 4.196235
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-4.763714{col 29}{space 2} 2.550626{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-9.770321{col 70}{space 3} .2428924
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.172602{col 29}{space 2} 2.444913{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-7.971706{col 70}{space 3} 1.626503
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  -2.8109{col 29}{space 2} 2.532062{col 40}{space 1}   -1.11{col 49}{space 3}0.267{col 57}{space 4}-7.781069{col 70}{space 3} 2.159269
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.153406{col 29}{space 2} 2.483509{col 40}{space 1}   -0.87{col 49}{space 3}0.386{col 57}{space 4}-7.028269{col 70}{space 3} 2.721457
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.5295151{col 29}{space 2} 2.482015{col 40}{space 1}   -0.21{col 49}{space 3}0.831{col 57}{space 4}-5.401446{col 70}{space 3} 4.342416
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-3.027614{col 29}{space 2} 2.421534{col 40}{space 1}   -1.25{col 49}{space 3}0.212{col 57}{space 4}-7.780827{col 70}{space 3}   1.7256
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.688696{col 29}{space 2} 2.505742{col 40}{space 1}   -1.07{col 49}{space 3}0.284{col 57}{space 4}-7.607201{col 70}{space 3} 2.229808
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-3.620155{col 29}{space 2} 2.623335{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4}-8.769481{col 70}{space 3} 1.529172
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-.8755835{col 29}{space 2} 2.472901{col 40}{space 1}   -0.35{col 49}{space 3}0.723{col 57}{space 4}-5.729624{col 70}{space 3} 3.978457
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.823257{col 29}{space 2} 2.422158{col 40}{space 1}   -0.75{col 49}{space 3}0.452{col 57}{space 4}-6.577694{col 70}{space 3}  2.93118
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-7.072888{col 29}{space 2} 2.530448{col 40}{space 1}   -2.80{col 49}{space 3}0.005{col 57}{space 4}-12.03989{col 70}{space 3}-2.105888
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} -4.17286{col 29}{space 2} 2.521601{col 40}{space 1}   -1.65{col 49}{space 3}0.098{col 57}{space 4}-9.122494{col 70}{space 3} .7767739
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-1.693035{col 29}{space 2}  2.48755{col 40}{space 1}   -0.68{col 49}{space 3}0.496{col 57}{space 4}-6.575829{col 70}{space 3}  3.18976
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-2.854452{col 29}{space 2} 2.597136{col 40}{space 1}   -1.10{col 49}{space 3}0.272{col 57}{space 4}-7.952353{col 70}{space 3}  2.24345
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .0582705{col 29}{space 2} 2.610022{col 40}{space 1}    0.02{col 49}{space 3}0.982{col 57}{space 4}-5.064925{col 70}{space 3} 5.181466
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} -.706594{col 29}{space 2} 2.674917{col 40}{space 1}   -0.26{col 49}{space 3}0.792{col 57}{space 4} -5.95717{col 70}{space 3} 4.543982
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.980194{col 29}{space 2} 2.766805{col 40}{space 1}   -1.44{col 49}{space 3}0.151{col 57}{space 4}-9.411137{col 70}{space 3} 1.450748
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-2.542302{col 29}{space 2} 2.821389{col 40}{space 1}   -0.90{col 49}{space 3}0.368{col 57}{space 4}-8.080388{col 70}{space 3} 2.995785
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}  7.54793{col 29}{space 2} 2.852646{col 40}{space 1}    2.65{col 49}{space 3}0.008{col 57}{space 4} 1.948491{col 70}{space 3} 13.14737
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -1.88882{col 29}{space 2} 2.942965{col 40}{space 1}   -0.64{col 49}{space 3}0.521{col 57}{space 4}-7.665547{col 70}{space 3} 3.887906
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-.0581991{col 29}{space 2} 3.003538{col 40}{space 1}   -0.02{col 49}{space 3}0.985{col 57}{space 4}-5.953824{col 70}{space 3} 5.837426
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-2.619531{col 29}{space 2} 2.973202{col 40}{space 1}   -0.88{col 49}{space 3}0.379{col 57}{space 4}-8.455609{col 70}{space 3} 3.216548
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-5.223856{col 29}{space 2} 2.988447{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-11.08986{col 70}{space 3} .6421469
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-4.537633{col 29}{space 2} 3.241013{col 40}{space 1}   -1.40{col 49}{space 3}0.162{col 57}{space 4} -10.8994{col 70}{space 3} 1.824131
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} .5776237{col 29}{space 2} 3.391648{col 40}{space 1}    0.17{col 49}{space 3}0.865{col 57}{space 4}-6.079821{col 70}{space 3} 7.235068
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} -5.16703{col 29}{space 2}   3.2413{col 40}{space 1}   -1.59{col 49}{space 3}0.111{col 57}{space 4}-11.52936{col 70}{space 3} 1.195297
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-11.20182{col 29}{space 2} 3.150755{col 40}{space 1}   -3.56{col 49}{space 3}0.000{col 57}{space 4}-17.38642{col 70}{space 3}-5.017227
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.614295{col 29}{space 2} 3.493398{col 40}{space 1}   -1.32{col 49}{space 3}0.187{col 57}{space 4}-11.47146{col 70}{space 3} 2.242873
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-8.394749{col 29}{space 2} 3.585434{col 40}{space 1}   -2.34{col 49}{space 3}0.019{col 57}{space 4}-15.43257{col 70}{space 3}-1.356923
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-5.140024{col 29}{space 2} 3.589268{col 40}{space 1}   -1.43{col 49}{space 3}0.153{col 57}{space 4}-12.18537{col 70}{space 3} 1.905326
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.825998{col 29}{space 2} 3.591049{col 40}{space 1}   -0.51{col 49}{space 3}0.611{col 57}{space 4}-8.874845{col 70}{space 3}  5.22285
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-2.524696{col 29}{space 2} 3.451923{col 40}{space 1}   -0.73{col 49}{space 3}0.465{col 57}{space 4}-9.300452{col 70}{space 3}  4.25106
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1.586327{col 29}{space 2} 3.623957{col 40}{space 1}    0.44{col 49}{space 3}0.662{col 57}{space 4}-5.527115{col 70}{space 3} 8.699769
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-3.481572{col 29}{space 2} 3.723426{col 40}{space 1}   -0.94{col 49}{space 3}0.350{col 57}{space 4}-10.79026{col 70}{space 3} 3.827116
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-5.840737{col 29}{space 2}   3.6004{col 40}{space 1}   -1.62{col 49}{space 3}0.105{col 57}{space 4}-12.90794{col 70}{space 3} 1.226465
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.507513{col 29}{space 2} 3.902855{col 40}{space 1}   -1.15{col 49}{space 3}0.248{col 57}{space 4} -12.1684{col 70}{space 3} 3.153376
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 2.265863{col 29}{space 2} 3.903752{col 40}{space 1}    0.58{col 49}{space 3}0.562{col 57}{space 4}-5.396786{col 70}{space 3} 9.928513
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.475703{col 29}{space 2} 3.868156{col 40}{space 1}   -1.16{col 49}{space 3}0.248{col 57}{space 4}-12.06848{col 70}{space 3} 3.117075
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} .0415825{col 29}{space 2} 3.957375{col 40}{space 1}    0.01{col 49}{space 3}0.992{col 57}{space 4}-7.726323{col 70}{space 3} 7.809488
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.694095{col 29}{space 2}  4.07914{col 40}{space 1}   -0.91{col 49}{space 3}0.365{col 57}{space 4}-11.70101{col 70}{space 3} 4.312821
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.653936{col 29}{space 2} 4.180254{col 40}{space 1}   -0.40{col 49}{space 3}0.692{col 57}{space 4}-9.859329{col 70}{space 3} 6.551458
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.644268{col 29}{space 2} 4.100139{col 40}{space 1}   -0.89{col 49}{space 3}0.374{col 57}{space 4} -11.6924{col 70}{space 3} 4.403868
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.305695{col 29}{space 2} 4.077517{col 40}{space 1}   -0.57{col 49}{space 3}0.572{col 57}{space 4}-10.30943{col 70}{space 3} 5.698035
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.9016797{col 29}{space 2} 4.288337{col 40}{space 1}   -0.21{col 49}{space 3}0.834{col 57}{space 4}-9.319229{col 70}{space 3}  7.51587
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.8126909{col 29}{space 2} 4.332716{col 40}{space 1}   -0.19{col 49}{space 3}0.851{col 57}{space 4}-9.317351{col 70}{space 3} 7.691969
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.779248{col 29}{space 2} 4.288886{col 40}{space 1}   -0.41{col 49}{space 3}0.678{col 57}{space 4}-10.19787{col 70}{space 3} 6.639377
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  9.60886{col 29}{space 2} 4.420296{col 40}{space 1}    2.17{col 49}{space 3}0.030{col 57}{space 4} .9322898{col 70}{space 3} 18.28543
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} .3731248{col 29}{space 2} 4.453195{col 40}{space 1}    0.08{col 49}{space 3}0.933{col 57}{space 4}-8.368023{col 70}{space 3} 9.114273
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.3724791{col 29}{space 2} 4.578665{col 40}{space 1}   -0.08{col 49}{space 3}0.935{col 57}{space 4} -9.35991{col 70}{space 3} 8.614951
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-3.062495{col 29}{space 2}  4.77337{col 40}{space 1}   -0.64{col 49}{space 3}0.521{col 57}{space 4}-12.43211{col 70}{space 3} 6.307121
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.575577{col 29}{space 2} 4.763212{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4}-15.92525{col 70}{space 3}   2.7741
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-3.307081{col 29}{space 2} 4.837257{col 40}{space 1}   -0.68{col 49}{space 3}0.494{col 57}{space 4} -12.8021{col 70}{space 3} 6.187939
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-2.810294{col 29}{space 2} 4.982616{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-12.59064{col 70}{space 3}  6.97005
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-4.830138{col 29}{space 2} 4.923092{col 40}{space 1}   -0.98{col 49}{space 3}0.327{col 57}{space 4}-14.49364{col 70}{space 3} 4.833367
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} .0113336{col 29}{space 2} 5.021537{col 40}{space 1}    0.00{col 49}{space 3}0.998{col 57}{space 4}-9.845409{col 70}{space 3} 9.868076
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.908706{col 29}{space 2} 5.228037{col 40}{space 1}   -0.56{col 49}{space 3}0.578{col 57}{space 4}-13.17079{col 70}{space 3} 7.353373
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-2.906708{col 29}{space 2} 5.276906{col 40}{space 1}   -0.55{col 49}{space 3}0.582{col 57}{space 4}-13.26471{col 70}{space 3} 7.451297
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} -3.96884{col 29}{space 2} 5.370547{col 40}{space 1}   -0.74{col 49}{space 3}0.460{col 57}{space 4}-14.51065{col 70}{space 3}  6.57297
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-4.919366{col 29}{space 2} 5.492567{col 40}{space 1}   -0.90{col 49}{space 3}0.371{col 57}{space 4}-15.70069{col 70}{space 3} 5.861958
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-3.347949{col 29}{space 2}   5.4664{col 40}{space 1}   -0.61{col 49}{space 3}0.540{col 57}{space 4}-14.07791{col 70}{space 3} 7.382012
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.513556{col 29}{space 2} 5.370563{col 40}{space 1}   -0.84{col 49}{space 3}0.401{col 57}{space 4} -15.0554{col 70}{space 3} 6.028288
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-2.647693{col 29}{space 2} 5.521459{col 40}{space 1}   -0.48{col 49}{space 3}0.632{col 57}{space 4}-13.48573{col 70}{space 3} 8.190343
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-.4251372{col 29}{space 2} 2.526489{col 40}{space 1}   -0.17{col 49}{space 3}0.866{col 57}{space 4}-5.384365{col 70}{space 3} 4.534091
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}.  
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       896{col 27}-2987.162{col 38}-2836.269{col 49}    85{col 58} 5842.538{col 69} 6250.363
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if nonsouth==0, lag(8) force
{txt}
{com}. 
. *** 1.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   809) ={res}    0.88
{txt}{col 13}Prob > F ={res}    0.4135
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if nonsouth==0, lag(8) force
{txt}
{com}. 
. *** 1.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   809) ={res}    0.37
{txt}{col 13}Prob > F ={res}    0.6899
{txt}
{com}. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstatesfullinc!=. & nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       896
{txt}maximum lag: {res}8{col 49}{txt}F( 79,       816){col 67}= {res}     47.59
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0453333{col 29}{space 2} .0151787{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4}-.0751273{col 70}{space 3}-.0155394
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9020071{col 29}{space 2} .4796214{col 40}{space 1}    1.88{col 49}{space 3}0.060{col 57}{space 4}  -.03943{col 70}{space 3} 1.843444
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .4851532{col 29}{space 2} .9215439{col 40}{space 1}    0.53{col 49}{space 3}0.599{col 57}{space 4}-1.323723{col 70}{space 3} 2.294029
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-18.41631{col 29}{space 2}  17.1753{col 40}{space 1}   -1.07{col 49}{space 3}0.284{col 57}{space 4}-52.12929{col 70}{space 3} 15.29666
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 79.94256{col 29}{space 2} 38.79848{col 40}{space 1}    2.06{col 49}{space 3}0.040{col 57}{space 4} 3.785981{col 70}{space 3} 156.0991
{txt}{space 12}13  {c |}{col 17}{res}{space 2}  42.8099{col 29}{space 2}   34.039{col 40}{space 1}    1.26{col 49}{space 3}0.209{col 57}{space 4}-24.00442{col 70}{space 3} 109.6242
{txt}{space 12}21  {c |}{col 17}{res}{space 2} -41.3778{col 29}{space 2} 25.07878{col 40}{space 1}   -1.65{col 49}{space 3}0.099{col 57}{space 4}-90.60432{col 70}{space 3} 7.848722
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 38.80521{col 29}{space 2}  38.4006{col 40}{space 1}    1.01{col 49}{space 3}0.313{col 57}{space 4}-36.57039{col 70}{space 3} 114.1808
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-58.23865{col 29}{space 2} 24.62176{col 40}{space 1}   -2.37{col 49}{space 3}0.018{col 57}{space 4}-106.5681{col 70}{space 3}-9.909214
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 23.88322{col 29}{space 2} 27.95006{col 40}{space 1}    0.85{col 49}{space 3}0.393{col 57}{space 4}-30.97926{col 70}{space 3}  78.7457
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 17.16458{col 29}{space 2} 35.59568{col 40}{space 1}    0.48{col 49}{space 3}0.630{col 57}{space 4} -52.7053{col 70}{space 3} 87.03446
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-20.99284{col 29}{space 2} 20.48863{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-61.20947{col 70}{space 3} 19.22379
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-6.451276{col 29}{space 2} 27.18133{col 40}{space 1}   -0.24{col 49}{space 3}0.812{col 57}{space 4}-59.80483{col 70}{space 3} 46.90228
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 73.55433{col 29}{space 2}  35.1897{col 40}{space 1}    2.09{col 49}{space 3}0.037{col 57}{space 4} 4.481332{col 70}{space 3} 142.6273
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 158.6226{col 29}{space 2} 42.97657{col 40}{space 1}    3.69{col 49}{space 3}0.000{col 57}{space 4} 74.26499{col 70}{space 3} 242.9803
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-54.57121{col 29}{space 2} 27.17358{col 40}{space 1}   -2.01{col 49}{space 3}0.045{col 57}{space 4}-107.9096{col 70}{space 3}-1.232851
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 497.7079{col 29}{space 2} 60.03502{col 40}{space 1}    8.29{col 49}{space 3}0.000{col 57}{space 4} 379.8667{col 70}{space 3} 615.5492
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 328.1844{col 29}{space 2} 78.45662{col 40}{space 1}    4.18{col 49}{space 3}0.000{col 57}{space 4} 174.1839{col 70}{space 3}  482.185
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 598.5044{col 29}{space 2} 69.97982{col 40}{space 1}    8.55{col 49}{space 3}0.000{col 57}{space 4} 461.1428{col 70}{space 3} 735.8661
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 553.3112{col 29}{space 2}  59.1882{col 40}{space 1}    9.35{col 49}{space 3}0.000{col 57}{space 4} 437.1321{col 70}{space 3} 669.4903
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 562.1054{col 29}{space 2} 53.36553{col 40}{space 1}   10.53{col 49}{space 3}0.000{col 57}{space 4} 457.3555{col 70}{space 3} 666.8552
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 554.7545{col 29}{space 2}  58.5978{col 40}{space 1}    9.47{col 49}{space 3}0.000{col 57}{space 4} 439.7343{col 70}{space 3} 669.7746
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 352.1414{col 29}{space 2} 57.67989{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4}  238.923{col 70}{space 3} 465.3599
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 737.7769{col 29}{space 2} 58.81577{col 40}{space 1}   12.54{col 49}{space 3}0.000{col 57}{space 4} 622.3289{col 70}{space 3}  853.225
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 640.1145{col 29}{space 2} 64.13838{col 40}{space 1}    9.98{col 49}{space 3}0.000{col 57}{space 4} 514.2188{col 70}{space 3} 766.0101
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 419.8092{col 29}{space 2} 65.98786{col 40}{space 1}    6.36{col 49}{space 3}0.000{col 57}{space 4} 290.2832{col 70}{space 3} 549.3351
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 455.4255{col 29}{space 2} 65.49276{col 40}{space 1}    6.95{col 49}{space 3}0.000{col 57}{space 4} 326.8713{col 70}{space 3} 583.9796
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 633.0709{col 29}{space 2} 56.22837{col 40}{space 1}   11.26{col 49}{space 3}0.000{col 57}{space 4} 522.7016{col 70}{space 3} 743.4402
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 447.2839{col 29}{space 2} 57.71947{col 40}{space 1}    7.75{col 49}{space 3}0.000{col 57}{space 4} 333.9878{col 70}{space 3} 560.5801
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}    579.1{col 29}{space 2} 60.53758{col 40}{space 1}    9.57{col 49}{space 3}0.000{col 57}{space 4} 460.2723{col 70}{space 3} 697.9278
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 635.0965{col 29}{space 2} 58.00108{col 40}{space 1}   10.95{col 49}{space 3}0.000{col 57}{space 4} 521.2476{col 70}{space 3} 748.9454
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 669.5275{col 29}{space 2} 59.84333{col 40}{space 1}   11.19{col 49}{space 3}0.000{col 57}{space 4} 552.0624{col 70}{space 3} 786.9925
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 767.8168{col 29}{space 2} 60.21844{col 40}{space 1}   12.75{col 49}{space 3}0.000{col 57}{space 4} 649.6155{col 70}{space 3} 886.0181
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}   838.55{col 29}{space 2} 60.63768{col 40}{space 1}   13.83{col 49}{space 3}0.000{col 57}{space 4} 719.5258{col 70}{space 3} 957.5742
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 852.3973{col 29}{space 2} 65.60722{col 40}{space 1}   12.99{col 49}{space 3}0.000{col 57}{space 4} 723.6185{col 70}{space 3} 981.1761
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 829.2684{col 29}{space 2} 67.92431{col 40}{space 1}   12.21{col 49}{space 3}0.000{col 57}{space 4} 695.9415{col 70}{space 3} 962.5954
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 874.0424{col 29}{space 2} 69.30681{col 40}{space 1}   12.61{col 49}{space 3}0.000{col 57}{space 4} 738.0018{col 70}{space 3} 1010.083
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}  836.177{col 29}{space 2} 79.34479{col 40}{space 1}   10.54{col 49}{space 3}0.000{col 57}{space 4} 680.4331{col 70}{space 3}  991.921
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 714.7177{col 29}{space 2} 78.19079{col 40}{space 1}    9.14{col 49}{space 3}0.000{col 57}{space 4} 561.2389{col 70}{space 3} 868.1965
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 801.7257{col 29}{space 2} 74.65033{col 40}{space 1}   10.74{col 49}{space 3}0.000{col 57}{space 4} 655.1964{col 70}{space 3}  948.255
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1101.016{col 29}{space 2} 79.11881{col 40}{space 1}   13.92{col 49}{space 3}0.000{col 57}{space 4}  945.716{col 70}{space 3} 1256.317
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1071.141{col 29}{space 2} 88.57582{col 40}{space 1}   12.09{col 49}{space 3}0.000{col 57}{space 4} 897.2776{col 70}{space 3} 1245.004
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 501.8855{col 29}{space 2} 95.20007{col 40}{space 1}    5.27{col 49}{space 3}0.000{col 57}{space 4} 315.0197{col 70}{space 3} 688.7514
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 525.3062{col 29}{space 2} 100.5673{col 40}{space 1}    5.22{col 49}{space 3}0.000{col 57}{space 4}  327.905{col 70}{space 3} 722.7073
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1020.762{col 29}{space 2} 91.58095{col 40}{space 1}   11.15{col 49}{space 3}0.000{col 57}{space 4} 840.9996{col 70}{space 3} 1200.524
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 907.2945{col 29}{space 2} 96.35266{col 40}{space 1}    9.42{col 49}{space 3}0.000{col 57}{space 4} 718.1663{col 70}{space 3} 1096.423
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1050.233{col 29}{space 2} 100.6402{col 40}{space 1}   10.44{col 49}{space 3}0.000{col 57}{space 4} 852.6886{col 70}{space 3} 1247.777
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 652.7738{col 29}{space 2} 108.7497{col 40}{space 1}    6.00{col 49}{space 3}0.000{col 57}{space 4} 439.3117{col 70}{space 3} 866.2359
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 367.2297{col 29}{space 2} 111.5699{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4} 148.2319{col 70}{space 3} 586.2275
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 795.4645{col 29}{space 2} 109.2114{col 40}{space 1}    7.28{col 49}{space 3}0.000{col 57}{space 4} 581.0961{col 70}{space 3} 1009.833
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 644.3471{col 29}{space 2} 102.0146{col 40}{space 1}    6.32{col 49}{space 3}0.000{col 57}{space 4} 444.1051{col 70}{space 3} 844.5891
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}  844.786{col 29}{space 2} 118.5871{col 40}{space 1}    7.12{col 49}{space 3}0.000{col 57}{space 4} 612.0143{col 70}{space 3} 1077.558
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1211.618{col 29}{space 2} 109.6215{col 40}{space 1}   11.05{col 49}{space 3}0.000{col 57}{space 4}  996.445{col 70}{space 3} 1426.792
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 924.9401{col 29}{space 2} 112.9722{col 40}{space 1}    8.19{col 49}{space 3}0.000{col 57}{space 4} 703.1898{col 70}{space 3}  1146.69
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 916.2488{col 29}{space 2} 128.9684{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 663.0999{col 70}{space 3} 1169.398
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 801.7804{col 29}{space 2} 127.2988{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 551.9086{col 70}{space 3} 1051.652
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  1029.58{col 29}{space 2} 118.5296{col 40}{space 1}    8.69{col 49}{space 3}0.000{col 57}{space 4} 796.9214{col 70}{space 3} 1262.239
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 967.3656{col 29}{space 2} 122.3193{col 40}{space 1}    7.91{col 49}{space 3}0.000{col 57}{space 4} 727.2681{col 70}{space 3} 1207.463
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 734.1901{col 29}{space 2}  127.622{col 40}{space 1}    5.75{col 49}{space 3}0.000{col 57}{space 4}  483.684{col 70}{space 3} 984.6962
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  639.492{col 29}{space 2} 128.5917{col 40}{space 1}    4.97{col 49}{space 3}0.000{col 57}{space 4} 387.0826{col 70}{space 3} 891.9015
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1035.897{col 29}{space 2}  122.766{col 40}{space 1}    8.44{col 49}{space 3}0.000{col 57}{space 4} 794.9227{col 70}{space 3} 1276.872
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 801.0221{col 29}{space 2}  125.795{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 554.1021{col 70}{space 3} 1047.942
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  990.782{col 29}{space 2} 127.4629{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 740.5882{col 70}{space 3} 1240.976
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  914.719{col 29}{space 2} 130.8701{col 40}{space 1}    6.99{col 49}{space 3}0.000{col 57}{space 4} 657.8374{col 70}{space 3} 1171.601
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 964.1809{col 29}{space 2} 130.0297{col 40}{space 1}    7.42{col 49}{space 3}0.000{col 57}{space 4} 708.9488{col 70}{space 3} 1219.413
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1047.747{col 29}{space 2} 134.5537{col 40}{space 1}    7.79{col 49}{space 3}0.000{col 57}{space 4} 783.6343{col 70}{space 3} 1311.859
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}  1313.05{col 29}{space 2} 137.7722{col 40}{space 1}    9.53{col 49}{space 3}0.000{col 57}{space 4}  1042.62{col 70}{space 3}  1583.48
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 984.1922{col 29}{space 2} 142.6277{col 40}{space 1}    6.90{col 49}{space 3}0.000{col 57}{space 4} 704.2318{col 70}{space 3} 1264.153
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1185.416{col 29}{space 2} 152.1797{col 40}{space 1}    7.79{col 49}{space 3}0.000{col 57}{space 4} 886.7064{col 70}{space 3} 1484.126
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 982.2061{col 29}{space 2} 158.9039{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 670.2975{col 70}{space 3} 1294.115
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 788.4546{col 29}{space 2} 153.3418{col 40}{space 1}    5.14{col 49}{space 3}0.000{col 57}{space 4} 487.4637{col 70}{space 3} 1089.445
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 882.5149{col 29}{space 2} 146.0376{col 40}{space 1}    6.04{col 49}{space 3}0.000{col 57}{space 4} 595.8612{col 70}{space 3} 1169.169
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1166.625{col 29}{space 2} 157.2854{col 40}{space 1}    7.42{col 49}{space 3}0.000{col 57}{space 4} 857.8932{col 70}{space 3} 1475.357
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1088.663{col 29}{space 2} 161.5503{col 40}{space 1}    6.74{col 49}{space 3}0.000{col 57}{space 4} 771.5597{col 70}{space 3} 1405.766
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1303.184{col 29}{space 2} 190.1512{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 929.9407{col 70}{space 3} 1676.427
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1145.809{col 29}{space 2} 169.7108{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4} 812.6883{col 70}{space 3} 1478.931
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 954.6606{col 29}{space 2} 220.5244{col 40}{space 1}    4.33{col 49}{space 3}0.000{col 57}{space 4} 521.7987{col 70}{space 3} 1387.523
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 190.9887{col 29}{space 2} 191.0608{col 40}{space 1}    1.00{col 49}{space 3}0.318{col 57}{space 4}-184.0398{col 70}{space 3} 566.0172
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1010.649{col 29}{space 2} 172.8366{col 40}{space 1}    5.85{col 49}{space 3}0.000{col 57}{space 4} 671.3924{col 70}{space 3} 1349.906
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-213.5336{col 29}{space 2} 79.46388{col 40}{space 1}   -2.69{col 49}{space 3}0.007{col 57}{space 4}-369.5113{col 70}{space 3}-57.55594
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstatesfullincols!=. & nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       896
{txt}{hline 13}{c +}{hline 34}   F(79, 816)      = {res}    20.61
{txt}       Model {c |} {res} 42033500.2        79  532069.622   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res}   21064263       816  25814.0477   {txt}R-squared       ={res}    0.6662
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6338
{txt}       Total {c |} {res} 63097763.1       895   70500.294   {txt}Root MSE        =   {res} 160.67

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0453333{col 29}{space 2}  .011043{col 40}{space 1}   -4.11{col 49}{space 3}0.000{col 57}{space 4}-.0670094{col 70}{space 3}-.0236573
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9020071{col 29}{space 2} .4344973{col 40}{space 1}    2.08{col 49}{space 3}0.038{col 57}{space 4} .0491431{col 70}{space 3} 1.754871
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .4851532{col 29}{space 2} .9253681{col 40}{space 1}    0.52{col 49}{space 3}0.600{col 57}{space 4}-1.331229{col 70}{space 3} 2.301536
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-18.41631{col 29}{space 2} 28.76963{col 40}{space 1}   -0.64{col 49}{space 3}0.522{col 57}{space 4}-74.88751{col 70}{space 3} 38.05488
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 79.94256{col 29}{space 2} 36.37736{col 40}{space 1}    2.20{col 49}{space 3}0.028{col 57}{space 4} 8.538337{col 70}{space 3} 151.3468
{txt}{space 12}13  {c |}{col 17}{res}{space 2}  42.8099{col 29}{space 2} 30.51907{col 40}{space 1}    1.40{col 49}{space 3}0.161{col 57}{space 4}-17.09523{col 70}{space 3}  102.715
{txt}{space 12}21  {c |}{col 17}{res}{space 2} -41.3778{col 29}{space 2} 32.71804{col 40}{space 1}   -1.26{col 49}{space 3}0.206{col 57}{space 4}-105.5992{col 70}{space 3} 22.84363
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 38.80521{col 29}{space 2} 28.81126{col 40}{space 1}    1.35{col 49}{space 3}0.178{col 57}{space 4}-17.74771{col 70}{space 3} 95.35813
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-58.23865{col 29}{space 2} 31.13073{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-119.3444{col 70}{space 3} 2.867096
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 23.88322{col 29}{space 2} 29.95627{col 40}{space 1}    0.80{col 49}{space 3}0.426{col 57}{space 4} -34.9172{col 70}{space 3} 82.68364
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 17.16458{col 29}{space 2} 30.75085{col 40}{space 1}    0.56{col 49}{space 3}0.577{col 57}{space 4}-43.19551{col 70}{space 3} 77.52467
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-20.99284{col 29}{space 2}  28.8911{col 40}{space 1}   -0.73{col 49}{space 3}0.468{col 57}{space 4}-77.70247{col 70}{space 3} 35.71679
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-6.451276{col 29}{space 2} 32.96314{col 40}{space 1}   -0.20{col 49}{space 3}0.845{col 57}{space 4}-71.15382{col 70}{space 3} 58.25127
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 73.55433{col 29}{space 2}   33.424{col 40}{space 1}    2.20{col 49}{space 3}0.028{col 57}{space 4} 7.947181{col 70}{space 3} 139.1615
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 158.6226{col 29}{space 2} 39.44538{col 40}{space 1}    4.02{col 49}{space 3}0.000{col 57}{space 4} 81.19628{col 70}{space 3}  236.049
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-54.57121{col 29}{space 2} 30.82414{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-115.0751{col 70}{space 3} 5.932734
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 497.7079{col 29}{space 2} 60.87521{col 40}{space 1}    8.18{col 49}{space 3}0.000{col 57}{space 4} 378.2175{col 70}{space 3} 617.1984
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 328.1844{col 29}{space 2} 60.83856{col 40}{space 1}    5.39{col 49}{space 3}0.000{col 57}{space 4} 208.7659{col 70}{space 3} 447.6029
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 598.5044{col 29}{space 2} 60.82234{col 40}{space 1}    9.84{col 49}{space 3}0.000{col 57}{space 4} 479.1177{col 70}{space 3} 717.8911
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 553.3112{col 29}{space 2} 60.75661{col 40}{space 1}    9.11{col 49}{space 3}0.000{col 57}{space 4} 434.0536{col 70}{space 3} 672.5689
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 562.1054{col 29}{space 2} 60.78348{col 40}{space 1}    9.25{col 49}{space 3}0.000{col 57}{space 4}  442.795{col 70}{space 3} 681.4158
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 554.7545{col 29}{space 2} 60.87052{col 40}{space 1}    9.11{col 49}{space 3}0.000{col 57}{space 4} 435.2732{col 70}{space 3} 674.2357
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 352.1414{col 29}{space 2} 60.95836{col 40}{space 1}    5.78{col 49}{space 3}0.000{col 57}{space 4} 232.4878{col 70}{space 3} 471.7951
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 737.7769{col 29}{space 2} 60.93846{col 40}{space 1}   12.11{col 49}{space 3}0.000{col 57}{space 4} 618.1623{col 70}{space 3} 857.3915
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 640.1145{col 29}{space 2} 61.35163{col 40}{space 1}   10.43{col 49}{space 3}0.000{col 57}{space 4} 519.6889{col 70}{space 3} 760.5401
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 419.8092{col 29}{space 2} 61.73657{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4}  298.628{col 70}{space 3} 540.9904
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 455.4255{col 29}{space 2} 61.63337{col 40}{space 1}    7.39{col 49}{space 3}0.000{col 57}{space 4} 334.4469{col 70}{space 3} 576.4041
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 633.0709{col 29}{space 2} 61.94276{col 40}{space 1}   10.22{col 49}{space 3}0.000{col 57}{space 4}  511.485{col 70}{space 3} 754.6568
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 447.2839{col 29}{space 2} 62.38372{col 40}{space 1}    7.17{col 49}{space 3}0.000{col 57}{space 4} 324.8325{col 70}{space 3} 569.7354
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}    579.1{col 29}{space 2} 62.39245{col 40}{space 1}    9.28{col 49}{space 3}0.000{col 57}{space 4} 456.6314{col 70}{space 3} 701.5686
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 635.0965{col 29}{space 2} 62.66802{col 40}{space 1}   10.13{col 49}{space 3}0.000{col 57}{space 4}  512.087{col 70}{space 3}  758.106
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 669.5275{col 29}{space 2} 63.17725{col 40}{space 1}   10.60{col 49}{space 3}0.000{col 57}{space 4} 545.5184{col 70}{space 3} 793.5365
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 767.8168{col 29}{space 2} 63.66654{col 40}{space 1}   12.06{col 49}{space 3}0.000{col 57}{space 4} 642.8473{col 70}{space 3} 892.7863
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}   838.55{col 29}{space 2} 64.65276{col 40}{space 1}   12.97{col 49}{space 3}0.000{col 57}{space 4} 711.6447{col 70}{space 3} 965.4553
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 852.3973{col 29}{space 2} 66.14223{col 40}{space 1}   12.89{col 49}{space 3}0.000{col 57}{space 4} 722.5683{col 70}{space 3} 982.2262
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 829.2684{col 29}{space 2} 68.26432{col 40}{space 1}   12.15{col 49}{space 3}0.000{col 57}{space 4} 695.2741{col 70}{space 3} 963.2628
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 874.0424{col 29}{space 2} 68.63801{col 40}{space 1}   12.73{col 49}{space 3}0.000{col 57}{space 4} 739.3146{col 70}{space 3}  1008.77
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}  836.177{col 29}{space 2} 70.50568{col 40}{space 1}   11.86{col 49}{space 3}0.000{col 57}{space 4} 697.7832{col 70}{space 3} 974.5709
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 714.7177{col 29}{space 2}  72.1814{col 40}{space 1}    9.90{col 49}{space 3}0.000{col 57}{space 4} 573.0346{col 70}{space 3} 856.4008
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 801.7257{col 29}{space 2} 73.31947{col 40}{space 1}   10.93{col 49}{space 3}0.000{col 57}{space 4} 657.8087{col 70}{space 3} 945.6427
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1101.016{col 29}{space 2} 75.02118{col 40}{space 1}   14.68{col 49}{space 3}0.000{col 57}{space 4} 953.7591{col 70}{space 3} 1248.274
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1071.141{col 29}{space 2}  78.6791{col 40}{space 1}   13.61{col 49}{space 3}0.000{col 57}{space 4} 916.7037{col 70}{space 3} 1225.578
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 501.8855{col 29}{space 2} 81.71949{col 40}{space 1}    6.14{col 49}{space 3}0.000{col 57}{space 4} 341.4804{col 70}{space 3} 662.2907
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 525.3062{col 29}{space 2} 81.78606{col 40}{space 1}    6.42{col 49}{space 3}0.000{col 57}{space 4} 364.7703{col 70}{space 3}  685.842
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1020.762{col 29}{space 2}  81.3567{col 40}{space 1}   12.55{col 49}{space 3}0.000{col 57}{space 4} 861.0686{col 70}{space 3} 1180.455
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 907.2945{col 29}{space 2} 84.63786{col 40}{space 1}   10.72{col 49}{space 3}0.000{col 57}{space 4}  741.161{col 70}{space 3} 1073.428
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1050.233{col 29}{space 2}  86.9359{col 40}{space 1}   12.08{col 49}{space 3}0.000{col 57}{space 4} 879.5884{col 70}{space 3} 1220.877
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 652.7738{col 29}{space 2} 90.11465{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4}   475.89{col 70}{space 3} 829.6577
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 367.2297{col 29}{space 2} 89.67355{col 40}{space 1}    4.10{col 49}{space 3}0.000{col 57}{space 4} 191.2117{col 70}{space 3} 543.2477
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 795.4645{col 29}{space 2}  87.2067{col 40}{space 1}    9.12{col 49}{space 3}0.000{col 57}{space 4} 624.2886{col 70}{space 3} 966.6404
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 644.3471{col 29}{space 2} 88.14625{col 40}{space 1}    7.31{col 49}{space 3}0.000{col 57}{space 4}  471.327{col 70}{space 3} 817.3672
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}  844.786{col 29}{space 2} 88.28383{col 40}{space 1}    9.57{col 49}{space 3}0.000{col 57}{space 4} 671.4958{col 70}{space 3} 1018.076
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1211.618{col 29}{space 2} 90.04634{col 40}{space 1}   13.46{col 49}{space 3}0.000{col 57}{space 4} 1034.869{col 70}{space 3} 1388.368
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 924.9401{col 29}{space 2} 94.63106{col 40}{space 1}    9.77{col 49}{space 3}0.000{col 57}{space 4} 739.1912{col 70}{space 3} 1110.689
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 916.2488{col 29}{space 2} 95.89314{col 40}{space 1}    9.55{col 49}{space 3}0.000{col 57}{space 4} 728.0226{col 70}{space 3} 1104.475
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 801.7804{col 29}{space 2} 97.82242{col 40}{space 1}    8.20{col 49}{space 3}0.000{col 57}{space 4} 609.7672{col 70}{space 3} 993.7937
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  1029.58{col 29}{space 2} 98.51737{col 40}{space 1}   10.45{col 49}{space 3}0.000{col 57}{space 4} 836.2029{col 70}{space 3} 1222.958
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 967.3656{col 29}{space 2} 101.3487{col 40}{space 1}    9.54{col 49}{space 3}0.000{col 57}{space 4} 768.4307{col 70}{space 3} 1166.301
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 734.1901{col 29}{space 2} 103.4117{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 531.2059{col 70}{space 3} 937.1743
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  639.492{col 29}{space 2} 103.4795{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 436.3746{col 70}{space 3} 842.6095
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1035.897{col 29}{space 2} 102.6792{col 40}{space 1}   10.09{col 49}{space 3}0.000{col 57}{space 4} 834.3506{col 70}{space 3} 1237.444
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 801.0221{col 29}{space 2} 105.3249{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 594.2825{col 70}{space 3} 1007.762
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  990.782{col 29}{space 2} 105.7197{col 40}{space 1}    9.37{col 49}{space 3}0.000{col 57}{space 4} 783.2673{col 70}{space 3} 1198.297
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  914.719{col 29}{space 2} 108.2745{col 40}{space 1}    8.45{col 49}{space 3}0.000{col 57}{space 4} 702.1896{col 70}{space 3} 1127.248
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 964.1809{col 29}{space 2} 108.6076{col 40}{space 1}    8.88{col 49}{space 3}0.000{col 57}{space 4} 750.9978{col 70}{space 3} 1177.364
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1047.747{col 29}{space 2} 110.5109{col 40}{space 1}    9.48{col 49}{space 3}0.000{col 57}{space 4} 830.8274{col 70}{space 3} 1264.666
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}  1313.05{col 29}{space 2} 113.2432{col 40}{space 1}   11.59{col 49}{space 3}0.000{col 57}{space 4} 1090.768{col 70}{space 3} 1535.332
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 984.1922{col 29}{space 2} 118.4402{col 40}{space 1}    8.31{col 49}{space 3}0.000{col 57}{space 4} 751.7089{col 70}{space 3} 1216.676
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1185.416{col 29}{space 2} 120.4166{col 40}{space 1}    9.84{col 49}{space 3}0.000{col 57}{space 4} 949.0533{col 70}{space 3} 1421.779
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 982.2061{col 29}{space 2} 124.0611{col 40}{space 1}    7.92{col 49}{space 3}0.000{col 57}{space 4} 738.6895{col 70}{space 3} 1225.723
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 788.4546{col 29}{space 2} 125.6452{col 40}{space 1}    6.28{col 49}{space 3}0.000{col 57}{space 4} 541.8287{col 70}{space 3}  1035.08
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 882.5149{col 29}{space 2}  125.395{col 40}{space 1}    7.04{col 49}{space 3}0.000{col 57}{space 4} 636.3802{col 70}{space 3}  1128.65
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1166.625{col 29}{space 2} 125.8733{col 40}{space 1}    9.27{col 49}{space 3}0.000{col 57}{space 4} 919.5512{col 70}{space 3} 1413.699
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1088.663{col 29}{space 2} 129.1601{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4} 835.1376{col 70}{space 3} 1342.188
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1303.184{col 29}{space 2} 131.5735{col 40}{space 1}    9.90{col 49}{space 3}0.000{col 57}{space 4} 1044.922{col 70}{space 3} 1561.446
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1145.809{col 29}{space 2} 136.0261{col 40}{space 1}    8.42{col 49}{space 3}0.000{col 57}{space 4} 878.8072{col 70}{space 3} 1412.812
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 954.6606{col 29}{space 2} 138.7468{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 682.3179{col 70}{space 3} 1227.003
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 190.9887{col 29}{space 2} 139.4833{col 40}{space 1}    1.37{col 49}{space 3}0.171{col 57}{space 4}-82.79966{col 70}{space 3}  464.777
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1010.649{col 29}{space 2}  132.948{col 40}{space 1}    7.60{col 49}{space 3}0.000{col 57}{space 4} 749.6888{col 70}{space 3} 1271.609
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-213.5336{col 29}{space 2} 62.84072{col 40}{space 1}   -3.40{col 49}{space 3}0.001{col 57}{space 4}-336.8821{col 70}{space 3}-90.18514
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       896{col 27}-6272.059{col 38}-5780.555{col 49}    80{col 58} 11721.11{col 69} 12104.95
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstatesfullpc!=. & nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       896
{txt}maximum lag: {res}8{col 49}{txt}F( 79,       816){col 67}= {res}      3.62
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0993325{col 29}{space 2} .0174691{col 40}{space 1}   -5.69{col 49}{space 3}0.000{col 57}{space 4}-.1336222{col 70}{space 3}-.0650428
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0009817{col 29}{space 2} .0004222{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4}  .000153{col 70}{space 3} .0018104
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0006941{col 29}{space 2} .0013347{col 40}{space 1}    0.52{col 49}{space 3}0.603{col 57}{space 4}-.0019258{col 70}{space 3}  .003314
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} -.136949{col 29}{space 2}   .93077{col 40}{space 1}   -0.15{col 49}{space 3}0.883{col 57}{space 4}-1.963935{col 70}{space 3} 1.690037
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .1606024{col 29}{space 2} 1.493157{col 40}{space 1}    0.11{col 49}{space 3}0.914{col 57}{space 4}-2.770279{col 70}{space 3} 3.091484
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.0843608{col 29}{space 2} .7385063{col 40}{space 1}   -0.11{col 49}{space 3}0.909{col 57}{space 4}-1.533957{col 70}{space 3} 1.365235
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.924705{col 29}{space 2} 1.014866{col 40}{space 1}    2.88{col 49}{space 3}0.004{col 57}{space 4} .9326486{col 70}{space 3} 4.916761
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1764743{col 29}{space 2} .9154334{col 40}{space 1}   -0.19{col 49}{space 3}0.847{col 57}{space 4}-1.973356{col 70}{space 3} 1.620407
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.378338{col 29}{space 2}  1.00242{col 40}{space 1}    1.38{col 49}{space 3}0.170{col 57}{space 4}-.5892878{col 70}{space 3} 3.345964
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8534023{col 29}{space 2} .8122459{col 40}{space 1}    1.05{col 49}{space 3}0.294{col 57}{space 4}-.7409353{col 70}{space 3}  2.44774
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.029696{col 29}{space 2} .9974988{col 40}{space 1}    1.03{col 49}{space 3}0.302{col 57}{space 4}-.9282702{col 70}{space 3} 2.987662
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.300015{col 29}{space 2} .8401605{col 40}{space 1}    1.55{col 49}{space 3}0.122{col 57}{space 4}-.3491156{col 70}{space 3} 2.949145
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.937111{col 29}{space 2} 1.214135{col 40}{space 1}    2.42{col 49}{space 3}0.016{col 57}{space 4} .5539148{col 70}{space 3} 5.320307
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.3888558{col 29}{space 2} 1.151658{col 40}{space 1}   -0.34{col 49}{space 3}0.736{col 57}{space 4}-2.649416{col 70}{space 3} 1.871705
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.2277199{col 29}{space 2} 1.074569{col 40}{space 1}   -0.21{col 49}{space 3}0.832{col 57}{space 4}-2.336965{col 70}{space 3} 1.881525
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 1.406325{col 29}{space 2} 1.189186{col 40}{space 1}    1.18{col 49}{space 3}0.237{col 57}{space 4}-.9278992{col 70}{space 3} 3.740549
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7423638{col 29}{space 2}  1.48476{col 40}{space 1}   -0.50{col 49}{space 3}0.617{col 57}{space 4}-3.656762{col 70}{space 3} 2.172034
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.975273{col 29}{space 2} 2.794285{col 40}{space 1}   -1.06{col 49}{space 3}0.287{col 57}{space 4}-8.460106{col 70}{space 3}  2.50956
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.269104{col 29}{space 2} 2.231292{col 40}{space 1}   -1.02{col 49}{space 3}0.309{col 57}{space 4}-6.648852{col 70}{space 3} 2.110644
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.7097889{col 29}{space 2}  1.67208{col 40}{space 1}   -0.42{col 49}{space 3}0.671{col 57}{space 4}-3.991873{col 70}{space 3} 2.572295
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.5304678{col 29}{space 2} 1.743227{col 40}{space 1}   -0.30{col 49}{space 3}0.761{col 57}{space 4}-3.952204{col 70}{space 3} 2.891269
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .8331409{col 29}{space 2} 1.798272{col 40}{space 1}    0.46{col 49}{space 3}0.643{col 57}{space 4}-2.696643{col 70}{space 3} 4.362925
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-1.635239{col 29}{space 2} 1.723874{col 40}{space 1}   -0.95{col 49}{space 3}0.343{col 57}{space 4}-5.018988{col 70}{space 3} 1.748511
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.471724{col 29}{space 2} 2.183567{col 40}{space 1}   -1.13{col 49}{space 3}0.258{col 57}{space 4}-6.757793{col 70}{space 3} 1.814345
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-1.710453{col 29}{space 2} 1.893345{col 40}{space 1}   -0.90{col 49}{space 3}0.367{col 57}{space 4}-5.426853{col 70}{space 3} 2.005946
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} .6832889{col 29}{space 2} 2.524784{col 40}{space 1}    0.27{col 49}{space 3}0.787{col 57}{space 4}-4.272548{col 70}{space 3} 5.639126
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.177248{col 29}{space 2} 1.844253{col 40}{space 1}   -0.64{col 49}{space 3}0.523{col 57}{space 4}-4.797287{col 70}{space 3} 2.442791
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.662217{col 29}{space 2} 3.046865{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-12.64283{col 70}{space 3}-.6816007
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.877725{col 29}{space 2} 1.868166{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4}-6.544702{col 70}{space 3} .7892516
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-.6052547{col 29}{space 2}  2.15716{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-4.839492{col 70}{space 3} 3.628982
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-1.855497{col 29}{space 2} 2.111056{col 40}{space 1}   -0.88{col 49}{space 3}0.380{col 57}{space 4}-5.999237{col 70}{space 3} 2.288243
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .8154605{col 29}{space 2}  2.35547{col 40}{space 1}    0.35{col 49}{space 3}0.729{col 57}{space 4}-3.808033{col 70}{space 3} 5.438954
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .1707844{col 29}{space 2} 2.710556{col 40}{space 1}    0.06{col 49}{space 3}0.950{col 57}{space 4}  -5.1497{col 70}{space 3} 5.491269
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.254281{col 29}{space 2} 3.177203{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-9.490736{col 70}{space 3} 2.982174
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-1.680811{col 29}{space 2} 2.473056{col 40}{space 1}   -0.68{col 49}{space 3}0.497{col 57}{space 4}-6.535111{col 70}{space 3} 3.173489
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 8.700271{col 29}{space 2} 5.288353{col 40}{space 1}    1.65{col 49}{space 3}0.100{col 57}{space 4}-1.680108{col 70}{space 3} 19.08065
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-1.130998{col 29}{space 2} 2.833462{col 40}{space 1}   -0.40{col 49}{space 3}0.690{col 57}{space 4}-6.692732{col 70}{space 3} 4.430735
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-.5000881{col 29}{space 2} 3.699097{col 40}{space 1}   -0.14{col 49}{space 3}0.892{col 57}{space 4}-7.760955{col 70}{space 3} 6.760779
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-1.938292{col 29}{space 2} 2.906249{col 40}{space 1}   -0.67{col 49}{space 3}0.505{col 57}{space 4}-7.642897{col 70}{space 3} 3.766313
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-5.197292{col 29}{space 2} 2.970728{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-11.02846{col 70}{space 3} .6338773
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -4.34862{col 29}{space 2} 3.176992{col 40}{space 1}   -1.37{col 49}{space 3}0.171{col 57}{space 4}-10.58466{col 70}{space 3}  1.88742
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1.952789{col 29}{space 2} 3.494333{col 40}{space 1}    0.56{col 49}{space 3}0.576{col 57}{space 4}-4.906152{col 70}{space 3}  8.81173
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-3.931684{col 29}{space 2} 3.011551{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-9.842984{col 70}{space 3} 1.979615
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.82268{col 29}{space 2} 4.872044{col 40}{space 1}   -2.63{col 49}{space 3}0.009{col 57}{space 4} -22.3859{col 70}{space 3}-3.259466
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-5.627791{col 29}{space 2} 3.279202{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-12.06446{col 70}{space 3} .8088743
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-6.680284{col 29}{space 2}  3.32409{col 40}{space 1}   -2.01{col 49}{space 3}0.045{col 57}{space 4}-13.20506{col 70}{space 3}-.1555092
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-5.280826{col 29}{space 2} 3.449923{col 40}{space 1}   -1.53{col 49}{space 3}0.126{col 57}{space 4} -12.0526{col 70}{space 3} 1.490943
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.249971{col 29}{space 2} 3.837988{col 40}{space 1}   -0.33{col 49}{space 3}0.745{col 57}{space 4}-8.783463{col 70}{space 3}  6.28352
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-3.420568{col 29}{space 2} 3.241081{col 40}{space 1}   -1.06{col 49}{space 3}0.292{col 57}{space 4}-9.782406{col 70}{space 3}  2.94127
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-.8859772{col 29}{space 2} 3.567212{col 40}{space 1}   -0.25{col 49}{space 3}0.804{col 57}{space 4} -7.88797{col 70}{space 3} 6.116016
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-3.875636{col 29}{space 2} 3.307003{col 40}{space 1}   -1.17{col 49}{space 3}0.242{col 57}{space 4}-10.36687{col 70}{space 3} 2.615599
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.327969{col 29}{space 2}  4.07186{col 40}{space 1}   -1.80{col 49}{space 3}0.072{col 57}{space 4}-15.32052{col 70}{space 3} .6645862
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-5.202569{col 29}{space 2} 3.674112{col 40}{space 1}   -1.42{col 49}{space 3}0.157{col 57}{space 4}-12.41439{col 70}{space 3} 2.009254
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.198562{col 29}{space 2} 4.269973{col 40}{space 1}    0.75{col 49}{space 3}0.454{col 57}{space 4}-5.182862{col 70}{space 3} 11.57999
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-5.069344{col 29}{space 2} 3.707281{col 40}{space 1}   -1.37{col 49}{space 3}0.172{col 57}{space 4}-12.34627{col 70}{space 3} 2.207586
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.551795{col 29}{space 2} 4.124674{col 40}{space 1}   -0.38{col 49}{space 3}0.707{col 57}{space 4}-9.648017{col 70}{space 3} 6.544426
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-4.798967{col 29}{space 2} 3.864521{col 40}{space 1}   -1.24{col 49}{space 3}0.215{col 57}{space 4}-12.38454{col 70}{space 3} 2.786606
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-2.427019{col 29}{space 2} 4.315249{col 40}{space 1}   -0.56{col 49}{space 3}0.574{col 57}{space 4}-10.89732{col 70}{space 3} 6.043277
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-4.223526{col 29}{space 2} 3.944627{col 40}{space 1}   -1.07{col 49}{space 3}0.285{col 57}{space 4}-11.96634{col 70}{space 3} 3.519286
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-3.949016{col 29}{space 2} 4.208347{col 40}{space 1}   -0.94{col 49}{space 3}0.348{col 57}{space 4}-12.20948{col 70}{space 3} 4.311444
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-2.820955{col 29}{space 2} 4.281558{col 40}{space 1}   -0.66{col 49}{space 3}0.510{col 57}{space 4}-11.22512{col 70}{space 3}  5.58321
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-1.222314{col 29}{space 2}  4.47941{col 40}{space 1}   -0.27{col 49}{space 3}0.785{col 57}{space 4}-10.01484{col 70}{space 3} 7.570211
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-3.443468{col 29}{space 2} 4.224989{col 40}{space 1}   -0.82{col 49}{space 3}0.415{col 57}{space 4} -11.7366{col 70}{space 3}  4.84966
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 8.481424{col 29}{space 2} 4.675668{col 40}{space 1}    1.81{col 49}{space 3}0.070{col 57}{space 4}-.6963301{col 70}{space 3} 17.65918
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} -.776314{col 29}{space 2} 4.709829{col 40}{space 1}   -0.16{col 49}{space 3}0.869{col 57}{space 4}-10.02112{col 70}{space 3} 8.468494
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-2.856991{col 29}{space 2} 4.455088{col 40}{space 1}   -0.64{col 49}{space 3}0.522{col 57}{space 4}-11.60177{col 70}{space 3} 5.887791
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.305859{col 29}{space 2} 4.555358{col 40}{space 1}   -0.95{col 49}{space 3}0.345{col 57}{space 4}-13.24746{col 70}{space 3} 4.635742
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.622698{col 29}{space 2} 5.011347{col 40}{space 1}   -1.32{col 49}{space 3}0.187{col 57}{space 4}-16.45935{col 70}{space 3} 3.213953
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-4.771988{col 29}{space 2} 4.661765{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-13.92245{col 70}{space 3} 4.378475
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.242584{col 29}{space 2} 4.976724{col 40}{space 1}   -0.65{col 49}{space 3}0.515{col 57}{space 4}-13.01127{col 70}{space 3} 6.526104
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-6.275217{col 29}{space 2} 4.467198{col 40}{space 1}   -1.40{col 49}{space 3}0.160{col 57}{space 4}-15.04377{col 70}{space 3} 2.493335
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-2.356393{col 29}{space 2} 5.160973{col 40}{space 1}   -0.46{col 49}{space 3}0.648{col 57}{space 4}-12.48674{col 70}{space 3} 7.773954
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-4.705897{col 29}{space 2} 4.910527{col 40}{space 1}   -0.96{col 49}{space 3}0.338{col 57}{space 4}-14.34465{col 70}{space 3} 4.932855
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-4.282701{col 29}{space 2} 5.255042{col 40}{space 1}   -0.81{col 49}{space 3}0.415{col 57}{space 4}-14.59769{col 70}{space 3} 6.032293
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-5.695285{col 29}{space 2} 5.207036{col 40}{space 1}   -1.09{col 49}{space 3}0.274{col 57}{space 4}-15.91605{col 70}{space 3} 4.525479
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-6.013636{col 29}{space 2} 5.565401{col 40}{space 1}   -1.08{col 49}{space 3}0.280{col 57}{space 4}-16.93782{col 70}{space 3} 4.910552
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.935005{col 29}{space 2}  5.46153{col 40}{space 1}   -0.90{col 49}{space 3}0.366{col 57}{space 4}-15.65531{col 70}{space 3} 5.785298
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-6.206557{col 29}{space 2}   5.3621{col 40}{space 1}   -1.16{col 49}{space 3}0.247{col 57}{space 4}-16.73169{col 70}{space 3} 4.318578
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -7.50384{col 29}{space 2} 6.158446{col 40}{space 1}   -1.22{col 49}{space 3}0.223{col 57}{space 4} -19.5921{col 70}{space 3} 4.584422
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.920841{col 29}{space 2} 2.162097{col 40}{space 1}   -1.35{col 49}{space 3}0.177{col 57}{space 4}-7.164767{col 70}{space 3} 1.323085
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstatesfullpcols!=. & nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       896
{txt}{hline 13}{c +}{hline 34}   F(79, 816)      = {res}     3.82
{txt}       Model {c |} {res} 11132.0084        79  140.911498   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 30135.6633       816    36.93096   {txt}R-squared       ={res}    0.2698
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1991
{txt}       Total {c |} {res} 41267.6717       895  46.1091304   {txt}Root MSE        =   {res} 6.0771

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0993325{col 29}{space 2} .0161067{col 40}{space 1}   -6.17{col 49}{space 3}0.000{col 57}{space 4}-.1309479{col 70}{space 3}-.0677172
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0009817{col 29}{space 2} .0004206{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4} .0001562{col 70}{space 3} .0018073
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0006941{col 29}{space 2} .0013239{col 40}{space 1}    0.52{col 49}{space 3}0.600{col 57}{space 4}-.0019045{col 70}{space 3} .0032927
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} -.136949{col 29}{space 2} 1.088444{col 40}{space 1}   -0.13{col 49}{space 3}0.900{col 57}{space 4} -2.27343{col 70}{space 3} 1.999532
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .1606024{col 29}{space 2} 1.379991{col 40}{space 1}    0.12{col 49}{space 3}0.907{col 57}{space 4}-2.548147{col 70}{space 3} 2.869352
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.0843608{col 29}{space 2}  1.15574{col 40}{space 1}   -0.07{col 49}{space 3}0.942{col 57}{space 4}-2.352934{col 70}{space 3} 2.184212
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.924705{col 29}{space 2}   1.2345{col 40}{space 1}    2.37{col 49}{space 3}0.018{col 57}{space 4} .5015345{col 70}{space 3} 5.347875
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1764743{col 29}{space 2}  1.09095{col 40}{space 1}   -0.16{col 49}{space 3}0.872{col 57}{space 4}-2.317873{col 70}{space 3} 1.964924
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.378338{col 29}{space 2} 1.179024{col 40}{space 1}    1.17{col 49}{space 3}0.243{col 57}{space 4}-.9359383{col 70}{space 3} 3.692615
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8534023{col 29}{space 2} 1.133113{col 40}{space 1}    0.75{col 49}{space 3}0.452{col 57}{space 4}-1.370757{col 70}{space 3} 3.077561
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.029696{col 29}{space 2} 1.162783{col 40}{space 1}    0.89{col 49}{space 3}0.376{col 57}{space 4}-1.252703{col 70}{space 3} 3.312094
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.300015{col 29}{space 2} 1.092182{col 40}{space 1}    1.19{col 49}{space 3}0.234{col 57}{space 4}-.8438028{col 70}{space 3} 3.443832
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.937111{col 29}{space 2}  1.24258{col 40}{space 1}    2.36{col 49}{space 3}0.018{col 57}{space 4} .4980817{col 70}{space 3} 5.376141
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.3888558{col 29}{space 2} 1.267902{col 40}{space 1}   -0.31{col 49}{space 3}0.759{col 57}{space 4}-2.877589{col 70}{space 3} 2.099877
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.2277199{col 29}{space 2} 1.506671{col 40}{space 1}   -0.15{col 49}{space 3}0.880{col 57}{space 4}-3.185128{col 70}{space 3} 2.729688
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 1.406325{col 29}{space 2} 1.167091{col 40}{space 1}    1.20{col 49}{space 3}0.229{col 57}{space 4}-.8845287{col 70}{space 3} 3.697179
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.7423638{col 29}{space 2} 2.394855{col 40}{space 1}   -0.31{col 49}{space 3}0.757{col 57}{space 4}-5.443166{col 70}{space 3} 3.958438
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.975273{col 29}{space 2}  2.33951{col 40}{space 1}   -1.27{col 49}{space 3}0.204{col 57}{space 4} -7.56744{col 70}{space 3} 1.616894
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-2.269104{col 29}{space 2} 2.431916{col 40}{space 1}   -0.93{col 49}{space 3}0.351{col 57}{space 4}-7.042653{col 70}{space 3} 2.504445
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.7097889{col 29}{space 2}  2.41189{col 40}{space 1}   -0.29{col 49}{space 3}0.769{col 57}{space 4}-5.444028{col 70}{space 3}  4.02445
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.5304678{col 29}{space 2} 2.416476{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-5.273708{col 70}{space 3} 4.212773
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} .8331409{col 29}{space 2} 2.416527{col 40}{space 1}    0.34{col 49}{space 3}0.730{col 57}{space 4}-3.910201{col 70}{space 3} 5.576483
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-1.635239{col 29}{space 2} 2.351665{col 40}{space 1}   -0.70{col 49}{space 3}0.487{col 57}{space 4}-6.251265{col 70}{space 3} 2.980787
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-2.471724{col 29}{space 2} 2.501911{col 40}{space 1}   -0.99{col 49}{space 3}0.323{col 57}{space 4}-7.382664{col 70}{space 3} 2.439216
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-1.710453{col 29}{space 2}  2.46978{col 40}{space 1}   -0.69{col 49}{space 3}0.489{col 57}{space 4}-6.558325{col 70}{space 3} 3.137418
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} .6832889{col 29}{space 2} 2.400254{col 40}{space 1}    0.28{col 49}{space 3}0.776{col 57}{space 4}-4.028111{col 70}{space 3} 5.394689
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-1.177248{col 29}{space 2} 2.407599{col 40}{space 1}   -0.49{col 49}{space 3}0.625{col 57}{space 4}-5.903064{col 70}{space 3} 3.548568
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-6.662217{col 29}{space 2} 2.477409{col 40}{space 1}   -2.69{col 49}{space 3}0.007{col 57}{space 4}-11.52506{col 70}{space 3}-1.799372
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.877725{col 29}{space 2} 2.430705{col 40}{space 1}   -1.18{col 49}{space 3}0.237{col 57}{space 4}-7.648897{col 70}{space 3} 1.893446
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-.6052547{col 29}{space 2} 2.481288{col 40}{space 1}   -0.24{col 49}{space 3}0.807{col 57}{space 4}-5.475714{col 70}{space 3} 4.265204
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-1.855497{col 29}{space 2} 2.514265{col 40}{space 1}   -0.74{col 49}{space 3}0.461{col 57}{space 4}-6.790686{col 70}{space 3} 3.079692
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} .8154605{col 29}{space 2} 2.548602{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4}-4.187127{col 70}{space 3} 5.818048
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} .1707844{col 29}{space 2} 2.613931{col 40}{space 1}    0.07{col 49}{space 3}0.948{col 57}{space 4}-4.960036{col 70}{space 3} 5.301605
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-3.254281{col 29}{space 2} 2.683272{col 40}{space 1}   -1.21{col 49}{space 3}0.226{col 57}{space 4}-8.521211{col 70}{space 3} 2.012648
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-1.680811{col 29}{space 2} 2.743945{col 40}{space 1}   -0.61{col 49}{space 3}0.540{col 57}{space 4}-7.066833{col 70}{space 3} 3.705211
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 8.700271{col 29}{space 2} 2.789228{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} 3.225363{col 70}{space 3} 14.17518
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-1.130998{col 29}{space 2} 2.842163{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4} -6.70981{col 70}{space 3} 4.447814
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-.5000881{col 29}{space 2} 2.887457{col 40}{space 1}   -0.17{col 49}{space 3}0.863{col 57}{space 4}-6.167806{col 70}{space 3}  5.16763
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-1.938292{col 29}{space 2} 2.888758{col 40}{space 1}   -0.67{col 49}{space 3}0.502{col 57}{space 4}-7.608563{col 70}{space 3}  3.73198
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-5.197292{col 29}{space 2} 2.963892{col 40}{space 1}   -1.75{col 49}{space 3}0.080{col 57}{space 4}-11.01504{col 70}{space 3} .6204574
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -4.34862{col 29}{space 2} 3.186558{col 40}{space 1}   -1.36{col 49}{space 3}0.173{col 57}{space 4}-10.60344{col 70}{space 3} 1.906197
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1.952789{col 29}{space 2} 3.295941{col 40}{space 1}    0.59{col 49}{space 3}0.554{col 57}{space 4}-4.516732{col 70}{space 3}  8.42231
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-3.931684{col 29}{space 2}  3.15859{col 40}{space 1}   -1.24{col 49}{space 3}0.214{col 57}{space 4} -10.1316{col 70}{space 3} 2.268235
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-12.82268{col 29}{space 2} 3.138772{col 40}{space 1}   -4.09{col 49}{space 3}0.000{col 57}{space 4} -18.9837{col 70}{space 3}-6.661662
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-5.627791{col 29}{space 2}   3.3552{col 40}{space 1}   -1.68{col 49}{space 3}0.094{col 57}{space 4}-12.21363{col 70}{space 3} .9580484
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-6.680284{col 29}{space 2} 3.411326{col 40}{space 1}   -1.96{col 49}{space 3}0.051{col 57}{space 4}-13.37629{col 70}{space 3} .0157232
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-5.280826{col 29}{space 2} 3.565432{col 40}{space 1}   -1.48{col 49}{space 3}0.139{col 57}{space 4}-12.27933{col 70}{space 3} 1.717674
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-1.249971{col 29}{space 2} 3.516107{col 40}{space 1}   -0.36{col 49}{space 3}0.722{col 57}{space 4}-8.151651{col 70}{space 3} 5.651708
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-3.420568{col 29}{space 2} 3.424395{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-10.14223{col 70}{space 3} 3.301093
{txt}{space 10}1981  {c |}{col 17}{res}{space 2}-.8859772{col 29}{space 2} 3.462451{col 40}{space 1}   -0.26{col 49}{space 3}0.798{col 57}{space 4}-7.682336{col 70}{space 3} 5.910382
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-3.875636{col 29}{space 2} 3.438801{col 40}{space 1}   -1.13{col 49}{space 3}0.260{col 57}{space 4}-10.62557{col 70}{space 3} 2.874301
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.327969{col 29}{space 2} 3.512263{col 40}{space 1}   -2.09{col 49}{space 3}0.037{col 57}{space 4} -14.2221{col 70}{space 3}-.4338347
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-5.202569{col 29}{space 2} 3.760434{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-12.58383{col 70}{space 3} 2.178695
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.198562{col 29}{space 2} 3.781395{col 40}{space 1}    0.85{col 49}{space 3}0.398{col 57}{space 4}-4.223846{col 70}{space 3} 10.62097
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-5.069344{col 29}{space 2} 3.820464{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-12.56844{col 70}{space 3} 2.429752
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.551795{col 29}{space 2} 3.848945{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-9.106795{col 70}{space 3} 6.003204
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-4.798967{col 29}{space 2} 3.964308{col 40}{space 1}   -1.21{col 49}{space 3}0.226{col 57}{space 4}-12.58041{col 70}{space 3} 2.982476
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-2.427019{col 29}{space 2} 4.040856{col 40}{space 1}   -0.60{col 49}{space 3}0.548{col 57}{space 4}-10.35872{col 70}{space 3} 5.504678
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-4.223526{col 29}{space 2} 4.027726{col 40}{space 1}   -1.05{col 49}{space 3}0.295{col 57}{space 4}-12.12945{col 70}{space 3} 3.682398
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-3.949016{col 29}{space 2} 4.002167{col 40}{space 1}   -0.99{col 49}{space 3}0.324{col 57}{space 4}-11.80477{col 70}{space 3}  3.90674
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-2.820955{col 29}{space 2}  4.11765{col 40}{space 1}   -0.69{col 49}{space 3}0.493{col 57}{space 4}-10.90339{col 70}{space 3} 5.261479
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-1.222314{col 29}{space 2} 4.122357{col 40}{space 1}   -0.30{col 49}{space 3}0.767{col 57}{space 4}-9.313987{col 70}{space 3} 6.869359
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-3.443468{col 29}{space 2} 4.206719{col 40}{space 1}   -0.82{col 49}{space 3}0.413{col 57}{space 4}-11.70073{col 70}{space 3} 4.813797
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 8.481424{col 29}{space 2} 4.260386{col 40}{space 1}    1.99{col 49}{space 3}0.047{col 57}{space 4} .1188172{col 70}{space 3} 16.84403
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} -.776314{col 29}{space 2} 4.301696{col 40}{space 1}   -0.18{col 49}{space 3}0.857{col 57}{space 4}-9.220007{col 70}{space 3} 7.667379
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-2.856991{col 29}{space 2}  4.40304{col 40}{space 1}   -0.65{col 49}{space 3}0.517{col 57}{space 4}-11.49961{col 70}{space 3} 5.785627
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-4.305859{col 29}{space 2} 4.620259{col 40}{space 1}   -0.93{col 49}{space 3}0.352{col 57}{space 4}-13.37485{col 70}{space 3} 4.763134
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-6.622698{col 29}{space 2}  4.65981{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-15.76932{col 70}{space 3} 2.523929
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-4.771988{col 29}{space 2} 4.814612{col 40}{space 1}   -0.99{col 49}{space 3}0.322{col 57}{space 4}-14.22247{col 70}{space 3} 4.678496
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-3.242584{col 29}{space 2} 4.868055{col 40}{space 1}   -0.67{col 49}{space 3}0.506{col 57}{space 4}-12.79797{col 70}{space 3} 6.312801
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-6.275217{col 29}{space 2}  4.86076{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-15.81628{col 70}{space 3}  3.26585
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-2.356393{col 29}{space 2}  4.88407{col 40}{space 1}   -0.48{col 49}{space 3}0.630{col 57}{space 4}-11.94321{col 70}{space 3} 7.230428
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-4.705897{col 29}{space 2} 5.002647{col 40}{space 1}   -0.94{col 49}{space 3}0.347{col 57}{space 4}-14.52547{col 70}{space 3} 5.113675
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-4.282701{col 29}{space 2} 5.091375{col 40}{space 1}   -0.84{col 49}{space 3}0.401{col 57}{space 4}-14.27643{col 70}{space 3} 5.711033
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-5.695285{col 29}{space 2}  5.26352{col 40}{space 1}   -1.08{col 49}{space 3}0.280{col 57}{space 4}-16.02692{col 70}{space 3}  4.63635
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-6.013636{col 29}{space 2} 5.359944{col 40}{space 1}   -1.12{col 49}{space 3}0.262{col 57}{space 4}-16.53454{col 70}{space 3} 4.507267
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.935005{col 29}{space 2} 5.395282{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-15.52527{col 70}{space 3} 5.655263
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-6.206557{col 29}{space 2}   5.2774{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-16.56544{col 70}{space 3} 4.152322
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -7.50384{col 29}{space 2} 5.197001{col 40}{space 1}   -1.44{col 49}{space 3}0.149{col 57}{space 4}-17.70491{col 70}{space 3} 2.697226
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.920841{col 29}{space 2} 2.391459{col 40}{space 1}   -1.22{col 49}{space 3}0.222{col 57}{space 4}-7.614977{col 70}{space 3} 1.773295
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       896{col 27}-2987.162{col 38}-2846.324{col 49}    80{col 58} 5852.648{col 69} 6236.483
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if nonsouth==0, lag(8) force
{txt}
{com}. 
. *** 1.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   809) ={res}    1.68
{txt}{col 13}Prob > F ={res}    0.1225
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if nonsouth==0, lag(8) force
{txt}
{com}. 
. *** 1.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   809) ={res}    1.62
{txt}{col 13}Prob > F ={res}    0.1377
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 1.F: SOUTHERN STATES (N = 14): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       910
{txt}maximum lag: {res}8{col 49}{txt}F( 85,       824){col 67}= {res}     53.59
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0638299{col 29}{space 2} .0173964{col 40}{space 1}   -3.67{col 49}{space 3}0.000{col 57}{space 4}-.0979764{col 70}{space 3}-.0296834
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.328851{col 29}{space 2} .4455357{col 40}{space 1}    2.98{col 49}{space 3}0.003{col 57}{space 4} .4543323{col 70}{space 3} 2.203369
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1637879{col 29}{space 2} .0801149{col 40}{space 1}    2.04{col 49}{space 3}0.041{col 57}{space 4} .0065346{col 70}{space 3} .3210412
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0317693{col 29}{space 2}  .955935{col 40}{space 1}    0.03{col 49}{space 3}0.973{col 57}{space 4}-1.844585{col 70}{space 3} 1.908123
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1422596{col 29}{space 2} .0627895{col 40}{space 1}    2.27{col 49}{space 3}0.024{col 57}{space 4} .0190135{col 70}{space 3} .2655057
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.433779{col 29}{space 2} .8890432{col 40}{space 1}   -1.61{col 49}{space 3}0.107{col 57}{space 4}-3.178835{col 70}{space 3} .3112769
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0571363{col 29}{space 2}  .046741{col 40}{space 1}   -1.22{col 49}{space 3}0.222{col 57}{space 4}-.1488818{col 70}{space 3} .0346092
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.9607607{col 29}{space 2} 1.023637{col 40}{space 1}   -0.94{col 49}{space 3}0.348{col 57}{space 4}-2.970003{col 70}{space 3} 1.048482
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-21.27978{col 29}{space 2} 14.84969{col 40}{space 1}   -1.43{col 49}{space 3}0.152{col 57}{space 4}-50.42745{col 70}{space 3} 7.867886
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 109.4456{col 29}{space 2} 38.93795{col 40}{space 1}    2.81{col 49}{space 3}0.005{col 57}{space 4} 33.01639{col 70}{space 3} 185.8749
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 57.20202{col 29}{space 2} 29.52407{col 40}{space 1}    1.94{col 49}{space 3}0.053{col 57}{space 4}-.7492237{col 70}{space 3} 115.1533
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-51.38775{col 29}{space 2} 22.40483{col 40}{space 1}   -2.29{col 49}{space 3}0.022{col 57}{space 4}-95.36501{col 70}{space 3}-7.410495
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 41.07063{col 29}{space 2} 30.04157{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-17.89637{col 70}{space 3} 100.0376
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-74.45667{col 29}{space 2} 25.51803{col 40}{space 1}   -2.92{col 49}{space 3}0.004{col 57}{space 4}-124.5447{col 70}{space 3}-24.36869
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 33.94402{col 29}{space 2} 23.92149{col 40}{space 1}    1.42{col 49}{space 3}0.156{col 57}{space 4} -13.0102{col 70}{space 3} 80.89824
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 21.20848{col 29}{space 2} 29.43427{col 40}{space 1}    0.72{col 49}{space 3}0.471{col 57}{space 4}-36.56649{col 70}{space 3} 78.98346
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-19.74238{col 29}{space 2} 18.74506{col 40}{space 1}   -1.05{col 49}{space 3}0.293{col 57}{space 4}-56.53607{col 70}{space 3} 17.05131
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-13.89125{col 29}{space 2} 22.88577{col 40}{space 1}   -0.61{col 49}{space 3}0.544{col 57}{space 4}-58.81252{col 70}{space 3} 31.03001
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 98.03439{col 29}{space 2} 33.48838{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} 32.30182{col 70}{space 3}  163.767
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 186.1981{col 29}{space 2} 46.15518{col 40}{space 1}    4.03{col 49}{space 3}0.000{col 57}{space 4} 95.60254{col 70}{space 3} 276.7937
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-63.37822{col 29}{space 2} 22.91741{col 40}{space 1}   -2.77{col 49}{space 3}0.006{col 57}{space 4}-108.3616{col 70}{space 3}-18.39485
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 116.0069{col 29}{space 2} 82.90889{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4} -46.7306{col 70}{space 3} 278.7444
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 654.8856{col 29}{space 2} 68.22751{col 40}{space 1}    9.60{col 49}{space 3}0.000{col 57}{space 4} 520.9655{col 70}{space 3} 788.8058
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 370.9841{col 29}{space 2} 101.4341{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 171.8845{col 70}{space 3} 570.0838
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 595.0307{col 29}{space 2} 71.65821{col 40}{space 1}    8.30{col 49}{space 3}0.000{col 57}{space 4} 454.3766{col 70}{space 3} 735.6848
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 565.4491{col 29}{space 2} 65.21941{col 40}{space 1}    8.67{col 49}{space 3}0.000{col 57}{space 4} 437.4334{col 70}{space 3} 693.4649
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 541.8254{col 29}{space 2} 59.81123{col 40}{space 1}    9.06{col 49}{space 3}0.000{col 57}{space 4} 424.4251{col 70}{space 3} 659.2257
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 563.5286{col 29}{space 2} 60.56787{col 40}{space 1}    9.30{col 49}{space 3}0.000{col 57}{space 4} 444.6431{col 70}{space 3}  682.414
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 363.0258{col 29}{space 2} 56.94619{col 40}{space 1}    6.37{col 49}{space 3}0.000{col 57}{space 4} 251.2491{col 70}{space 3} 474.8024
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 781.6341{col 29}{space 2} 60.34049{col 40}{space 1}   12.95{col 49}{space 3}0.000{col 57}{space 4} 663.1949{col 70}{space 3} 900.0732
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 653.3924{col 29}{space 2} 72.14704{col 40}{space 1}    9.06{col 49}{space 3}0.000{col 57}{space 4} 511.7788{col 70}{space 3}  795.006
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 390.9556{col 29}{space 2} 66.80544{col 40}{space 1}    5.85{col 49}{space 3}0.000{col 57}{space 4} 259.8267{col 70}{space 3} 522.0845
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 504.8707{col 29}{space 2} 66.56894{col 40}{space 1}    7.58{col 49}{space 3}0.000{col 57}{space 4} 374.2061{col 70}{space 3} 635.5354
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 699.9284{col 29}{space 2} 59.56561{col 40}{space 1}   11.75{col 49}{space 3}0.000{col 57}{space 4} 583.0103{col 70}{space 3} 816.8466
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 465.4706{col 29}{space 2} 63.58804{col 40}{space 1}    7.32{col 49}{space 3}0.000{col 57}{space 4}  340.657{col 70}{space 3} 590.2842
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 609.5983{col 29}{space 2} 65.03928{col 40}{space 1}    9.37{col 49}{space 3}0.000{col 57}{space 4} 481.9361{col 70}{space 3} 737.2605
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 690.9178{col 29}{space 2} 62.02986{col 40}{space 1}   11.14{col 49}{space 3}0.000{col 57}{space 4} 569.1627{col 70}{space 3} 812.6729
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 692.0933{col 29}{space 2} 65.11367{col 40}{space 1}   10.63{col 49}{space 3}0.000{col 57}{space 4} 564.2852{col 70}{space 3} 819.9015
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 791.3147{col 29}{space 2} 63.86216{col 40}{space 1}   12.39{col 49}{space 3}0.000{col 57}{space 4} 665.9631{col 70}{space 3} 916.6664
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 850.8611{col 29}{space 2} 66.79473{col 40}{space 1}   12.74{col 49}{space 3}0.000{col 57}{space 4} 719.7532{col 70}{space 3} 981.9689
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 846.4199{col 29}{space 2} 72.10176{col 40}{space 1}   11.74{col 49}{space 3}0.000{col 57}{space 4} 704.8951{col 70}{space 3} 987.9446
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 831.3372{col 29}{space 2} 71.39968{col 40}{space 1}   11.64{col 49}{space 3}0.000{col 57}{space 4} 691.1906{col 70}{space 3} 971.4839
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 898.4975{col 29}{space 2}   73.899{col 40}{space 1}   12.16{col 49}{space 3}0.000{col 57}{space 4}  753.445{col 70}{space 3}  1043.55
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 860.9438{col 29}{space 2} 84.23327{col 40}{space 1}   10.22{col 49}{space 3}0.000{col 57}{space 4} 695.6068{col 70}{space 3} 1026.281
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 736.4304{col 29}{space 2} 83.71178{col 40}{space 1}    8.80{col 49}{space 3}0.000{col 57}{space 4}  572.117{col 70}{space 3} 900.7438
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  855.392{col 29}{space 2} 80.69104{col 40}{space 1}   10.60{col 49}{space 3}0.000{col 57}{space 4} 697.0078{col 70}{space 3} 1013.776
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1158.699{col 29}{space 2} 90.02181{col 40}{space 1}   12.87{col 49}{space 3}0.000{col 57}{space 4} 982.0002{col 70}{space 3} 1335.398
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1075.961{col 29}{space 2} 105.1977{col 40}{space 1}   10.23{col 49}{space 3}0.000{col 57}{space 4} 869.4737{col 70}{space 3} 1282.448
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 493.9369{col 29}{space 2} 106.4778{col 40}{space 1}    4.64{col 49}{space 3}0.000{col 57}{space 4} 284.9372{col 70}{space 3} 702.9367
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 629.3535{col 29}{space 2}  105.907{col 40}{space 1}    5.94{col 49}{space 3}0.000{col 57}{space 4} 421.4743{col 70}{space 3} 837.2327
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1189.315{col 29}{space 2} 106.3093{col 40}{space 1}   11.19{col 49}{space 3}0.000{col 57}{space 4} 980.6463{col 70}{space 3} 1397.984
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 969.2213{col 29}{space 2} 123.4682{col 40}{space 1}    7.85{col 49}{space 3}0.000{col 57}{space 4} 726.8722{col 70}{space 3}  1211.57
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1079.011{col 29}{space 2} 116.8115{col 40}{space 1}    9.24{col 49}{space 3}0.000{col 57}{space 4} 849.7276{col 70}{space 3} 1308.294
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 719.1624{col 29}{space 2} 123.6468{col 40}{space 1}    5.82{col 49}{space 3}0.000{col 57}{space 4} 476.4625{col 70}{space 3} 961.8622
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 479.9683{col 29}{space 2} 125.9704{col 40}{space 1}    3.81{col 49}{space 3}0.000{col 57}{space 4} 232.7077{col 70}{space 3} 727.2289
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1015.939{col 29}{space 2} 128.3511{col 40}{space 1}    7.92{col 49}{space 3}0.000{col 57}{space 4} 764.0053{col 70}{space 3} 1267.873
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 809.2487{col 29}{space 2} 131.5696{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 550.9977{col 70}{space 3}   1067.5
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 951.8082{col 29}{space 2} 140.0041{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 677.0015{col 70}{space 3} 1226.615
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1331.772{col 29}{space 2} 126.1043{col 40}{space 1}   10.56{col 49}{space 3}0.000{col 57}{space 4} 1084.248{col 70}{space 3} 1579.295
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 964.5074{col 29}{space 2}   134.99{col 40}{space 1}    7.15{col 49}{space 3}0.000{col 57}{space 4} 699.5426{col 70}{space 3} 1229.472
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 978.9615{col 29}{space 2} 134.2151{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 715.5179{col 70}{space 3} 1242.405
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 932.9917{col 29}{space 2} 134.2902{col 40}{space 1}    6.95{col 49}{space 3}0.000{col 57}{space 4} 669.4006{col 70}{space 3} 1196.583
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1161.491{col 29}{space 2} 133.2912{col 40}{space 1}    8.71{col 49}{space 3}0.000{col 57}{space 4} 899.8611{col 70}{space 3} 1423.122
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}  1085.19{col 29}{space 2} 144.8825{col 40}{space 1}    7.49{col 49}{space 3}0.000{col 57}{space 4} 800.8079{col 70}{space 3} 1369.572
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 828.7254{col 29}{space 2} 147.4974{col 40}{space 1}    5.62{col 49}{space 3}0.000{col 57}{space 4} 539.2106{col 70}{space 3}  1118.24
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  797.171{col 29}{space 2} 144.8647{col 40}{space 1}    5.50{col 49}{space 3}0.000{col 57}{space 4} 512.8238{col 70}{space 3} 1081.518
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}  1236.32{col 29}{space 2} 144.6111{col 40}{space 1}    8.55{col 49}{space 3}0.000{col 57}{space 4} 952.4706{col 70}{space 3}  1520.17
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 942.8675{col 29}{space 2} 156.6774{col 40}{space 1}    6.02{col 49}{space 3}0.000{col 57}{space 4} 635.3338{col 70}{space 3} 1250.401
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1112.635{col 29}{space 2} 151.1653{col 40}{space 1}    7.36{col 49}{space 3}0.000{col 57}{space 4} 815.9203{col 70}{space 3} 1409.349
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1071.543{col 29}{space 2} 155.0921{col 40}{space 1}    6.91{col 49}{space 3}0.000{col 57}{space 4} 767.1205{col 70}{space 3} 1375.965
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1101.267{col 29}{space 2} 153.3017{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4} 800.3595{col 70}{space 3} 1402.175
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1197.978{col 29}{space 2} 158.5375{col 40}{space 1}    7.56{col 49}{space 3}0.000{col 57}{space 4}  886.793{col 70}{space 3} 1509.163
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}  1431.42{col 29}{space 2} 160.9604{col 40}{space 1}    8.89{col 49}{space 3}0.000{col 57}{space 4}  1115.48{col 70}{space 3} 1747.361
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1059.435{col 29}{space 2} 168.4379{col 40}{space 1}    6.29{col 49}{space 3}0.000{col 57}{space 4} 728.8169{col 70}{space 3} 1390.053
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1289.219{col 29}{space 2} 170.1255{col 40}{space 1}    7.58{col 49}{space 3}0.000{col 57}{space 4} 955.2891{col 70}{space 3}  1623.15
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1129.136{col 29}{space 2} 184.5012{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 766.9883{col 70}{space 3} 1491.284
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 929.6721{col 29}{space 2} 179.0084{col 40}{space 1}    5.19{col 49}{space 3}0.000{col 57}{space 4}  578.306{col 70}{space 3} 1281.038
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1097.931{col 29}{space 2}  170.866{col 40}{space 1}    6.43{col 49}{space 3}0.000{col 57}{space 4} 762.5469{col 70}{space 3} 1433.314
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1384.155{col 29}{space 2} 186.9451{col 40}{space 1}    7.40{col 49}{space 3}0.000{col 57}{space 4} 1017.211{col 70}{space 3}   1751.1
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1241.882{col 29}{space 2} 193.5085{col 40}{space 1}    6.42{col 49}{space 3}0.000{col 57}{space 4} 862.0546{col 70}{space 3}  1621.71
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1439.437{col 29}{space 2} 211.2004{col 40}{space 1}    6.82{col 49}{space 3}0.000{col 57}{space 4} 1024.883{col 70}{space 3} 1853.991
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1285.716{col 29}{space 2}  191.277{col 40}{space 1}    6.72{col 49}{space 3}0.000{col 57}{space 4} 910.2686{col 70}{space 3} 1661.164
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1094.254{col 29}{space 2} 233.4078{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 636.1107{col 70}{space 3} 1552.398
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 402.7544{col 29}{space 2} 216.0186{col 40}{space 1}    1.86{col 49}{space 3}0.063{col 57}{space 4} -21.2571{col 70}{space 3} 826.7659
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1352.287{col 29}{space 2} 202.6336{col 40}{space 1}    6.67{col 49}{space 3}0.000{col 57}{space 4} 954.5484{col 70}{space 3} 1750.026
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-183.2119{col 29}{space 2} 78.67702{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}-337.6429{col 70}{space 3}-28.78092
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4311inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       910
{txt}{hline 13}{c +}{hline 34}   F(85, 824)      = {res}    22.77
{txt}       Model {c |} {res} 47843259.9        85  562861.881   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 20369595.5       824  24720.3829   {txt}R-squared       ={res}    0.7014
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6706
{txt}       Total {c |} {res} 68212855.4       909  75041.6451   {txt}Root MSE        =   {res} 157.23

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0638299{col 29}{space 2} .0116439{col 40}{space 1}   -5.48{col 49}{space 3}0.000{col 57}{space 4}-.0866851{col 70}{space 3}-.0409746
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.328851{col 29}{space 2} .4405815{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4} .4640566{col 70}{space 3} 2.193645
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1637879{col 29}{space 2} .0345127{col 40}{space 1}    4.75{col 49}{space 3}0.000{col 57}{space 4} .0960448{col 70}{space 3}  .231531
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0317693{col 29}{space 2} .9156752{col 40}{space 1}    0.03{col 49}{space 3}0.972{col 57}{space 4}-1.765561{col 70}{space 3}   1.8291
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1422596{col 29}{space 2} .0374874{col 40}{space 1}    3.79{col 49}{space 3}0.000{col 57}{space 4} .0686775{col 70}{space 3} .2158417
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.433779{col 29}{space 2} .9491081{col 40}{space 1}   -1.51{col 49}{space 3}0.131{col 57}{space 4}-3.296733{col 70}{space 3}  .429175
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0571363{col 29}{space 2} .0384529{col 40}{space 1}   -1.49{col 49}{space 3}0.138{col 57}{space 4}-.1326135{col 70}{space 3} .0183409
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.9607607{col 29}{space 2} .9417607{col 40}{space 1}   -1.02{col 49}{space 3}0.308{col 57}{space 4}-2.809293{col 70}{space 3} .8877716
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-21.27978{col 29}{space 2} 27.97562{col 40}{space 1}   -0.76{col 49}{space 3}0.447{col 57}{space 4}-76.19165{col 70}{space 3} 33.63208
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 109.4456{col 29}{space 2} 36.12266{col 40}{space 1}    3.03{col 49}{space 3}0.003{col 57}{space 4} 38.54237{col 70}{space 3} 180.3489
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 57.20202{col 29}{space 2} 29.83284{col 40}{space 1}    1.92{col 49}{space 3}0.056{col 57}{space 4}-1.355277{col 70}{space 3} 115.7593
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-51.38775{col 29}{space 2} 32.42182{col 40}{space 1}   -1.58{col 49}{space 3}0.113{col 57}{space 4}-115.0268{col 70}{space 3} 12.25133
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 41.07063{col 29}{space 2}  28.0176{col 40}{space 1}    1.47{col 49}{space 3}0.143{col 57}{space 4}-13.92364{col 70}{space 3} 96.06491
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-74.45667{col 29}{space 2}  30.5418{col 40}{space 1}   -2.44{col 49}{space 3}0.015{col 57}{space 4}-134.4056{col 70}{space 3}-14.50779
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 33.94402{col 29}{space 2} 29.16534{col 40}{space 1}    1.16{col 49}{space 3}0.245{col 57}{space 4}-23.30309{col 70}{space 3} 91.19113
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 21.20848{col 29}{space 2} 30.05833{col 40}{space 1}    0.71{col 49}{space 3}0.481{col 57}{space 4}-37.79142{col 70}{space 3} 80.20839
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-19.74238{col 29}{space 2} 28.07501{col 40}{space 1}   -0.70{col 49}{space 3}0.482{col 57}{space 4}-74.84932{col 70}{space 3} 35.36456
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-13.89125{col 29}{space 2} 32.31667{col 40}{space 1}   -0.43{col 49}{space 3}0.667{col 57}{space 4}-77.32393{col 70}{space 3} 49.54142
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 98.03439{col 29}{space 2} 33.04394{col 40}{space 1}    2.97{col 49}{space 3}0.003{col 57}{space 4}  33.1742{col 70}{space 3} 162.8946
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 186.1981{col 29}{space 2}  38.8245{col 40}{space 1}    4.80{col 49}{space 3}0.000{col 57}{space 4} 109.9915{col 70}{space 3} 262.4047
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-63.37822{col 29}{space 2} 30.57677{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-123.3957{col 70}{space 3}-3.360689
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 116.0069{col 29}{space 2} 62.81822{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-7.295677{col 70}{space 3} 239.3094
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 654.8856{col 29}{space 2} 69.16239{col 40}{space 1}    9.47{col 49}{space 3}0.000{col 57}{space 4} 519.1304{col 70}{space 3} 790.6408
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 370.9841{col 29}{space 2} 74.40161{col 40}{space 1}    4.99{col 49}{space 3}0.000{col 57}{space 4} 224.9451{col 70}{space 3} 517.0231
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 595.0307{col 29}{space 2} 69.98546{col 40}{space 1}    8.50{col 49}{space 3}0.000{col 57}{space 4} 457.6599{col 70}{space 3} 732.4015
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 565.4491{col 29}{space 2} 64.46299{col 40}{space 1}    8.77{col 49}{space 3}0.000{col 57}{space 4} 438.9181{col 70}{space 3} 691.9801
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 541.8254{col 29}{space 2}  64.6708{col 40}{space 1}    8.38{col 49}{space 3}0.000{col 57}{space 4} 414.8865{col 70}{space 3} 668.7643
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 563.5286{col 29}{space 2} 62.06963{col 40}{space 1}    9.08{col 49}{space 3}0.000{col 57}{space 4} 441.6954{col 70}{space 3} 685.3618
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 363.0258{col 29}{space 2} 62.70242{col 40}{space 1}    5.79{col 49}{space 3}0.000{col 57}{space 4} 239.9505{col 70}{space 3}  486.101
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 781.6341{col 29}{space 2} 62.63845{col 40}{space 1}   12.48{col 49}{space 3}0.000{col 57}{space 4} 658.6844{col 70}{space 3} 904.5838
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 653.3924{col 29}{space 2} 65.67278{col 40}{space 1}    9.95{col 49}{space 3}0.000{col 57}{space 4} 524.4868{col 70}{space 3} 782.2981
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 390.9556{col 29}{space 2} 65.99304{col 40}{space 1}    5.92{col 49}{space 3}0.000{col 57}{space 4} 261.4213{col 70}{space 3} 520.4898
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 504.8707{col 29}{space 2} 61.93858{col 40}{space 1}    8.15{col 49}{space 3}0.000{col 57}{space 4} 383.2948{col 70}{space 3} 626.4467
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 699.9284{col 29}{space 2} 64.58463{col 40}{space 1}   10.84{col 49}{space 3}0.000{col 57}{space 4} 573.1587{col 70}{space 3} 826.6982
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 465.4706{col 29}{space 2} 67.48534{col 40}{space 1}    6.90{col 49}{space 3}0.000{col 57}{space 4} 333.0072{col 70}{space 3}  597.934
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 609.5983{col 29}{space 2} 65.97079{col 40}{space 1}    9.24{col 49}{space 3}0.000{col 57}{space 4} 480.1077{col 70}{space 3} 739.0889
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 690.9178{col 29}{space 2} 65.73265{col 40}{space 1}   10.51{col 49}{space 3}0.000{col 57}{space 4} 561.8947{col 70}{space 3} 819.9409
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 692.0933{col 29}{space 2} 67.71872{col 40}{space 1}   10.22{col 49}{space 3}0.000{col 57}{space 4} 559.1718{col 70}{space 3} 825.0148
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 791.3147{col 29}{space 2} 66.46681{col 40}{space 1}   11.91{col 49}{space 3}0.000{col 57}{space 4} 660.8505{col 70}{space 3} 921.7789
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 850.8611{col 29}{space 2} 67.05613{col 40}{space 1}   12.69{col 49}{space 3}0.000{col 57}{space 4} 719.2402{col 70}{space 3}  982.482
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 846.4199{col 29}{space 2} 67.79018{col 40}{space 1}   12.49{col 49}{space 3}0.000{col 57}{space 4} 713.3581{col 70}{space 3} 979.4816
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 831.3372{col 29}{space 2} 68.77201{col 40}{space 1}   12.09{col 49}{space 3}0.000{col 57}{space 4} 696.3483{col 70}{space 3} 966.3262
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 898.4975{col 29}{space 2} 69.90967{col 40}{space 1}   12.85{col 49}{space 3}0.000{col 57}{space 4} 761.2755{col 70}{space 3} 1035.719
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 860.9438{col 29}{space 2} 71.88946{col 40}{space 1}   11.98{col 49}{space 3}0.000{col 57}{space 4} 719.8358{col 70}{space 3} 1002.052
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 736.4304{col 29}{space 2}  72.5741{col 40}{space 1}   10.15{col 49}{space 3}0.000{col 57}{space 4} 593.9785{col 70}{space 3} 878.8823
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  855.392{col 29}{space 2} 73.52759{col 40}{space 1}   11.63{col 49}{space 3}0.000{col 57}{space 4} 711.0685{col 70}{space 3} 999.7154
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1158.699{col 29}{space 2} 76.66085{col 40}{space 1}   15.11{col 49}{space 3}0.000{col 57}{space 4} 1008.226{col 70}{space 3} 1309.173
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1075.961{col 29}{space 2} 82.23955{col 40}{space 1}   13.08{col 49}{space 3}0.000{col 57}{space 4} 914.5371{col 70}{space 3} 1237.384
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 493.9369{col 29}{space 2} 83.39652{col 40}{space 1}    5.92{col 49}{space 3}0.000{col 57}{space 4} 330.2423{col 70}{space 3} 657.6316
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 629.3535{col 29}{space 2} 81.00393{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 470.3552{col 70}{space 3} 788.3518
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1189.315{col 29}{space 2}  85.2435{col 40}{space 1}   13.95{col 49}{space 3}0.000{col 57}{space 4} 1021.995{col 70}{space 3} 1356.635
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 969.2213{col 29}{space 2} 94.91001{col 40}{space 1}   10.21{col 49}{space 3}0.000{col 57}{space 4} 782.9275{col 70}{space 3} 1155.515
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1079.011{col 29}{space 2} 93.36212{col 40}{space 1}   11.56{col 49}{space 3}0.000{col 57}{space 4} 895.7551{col 70}{space 3} 1262.266
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 719.1624{col 29}{space 2} 91.04313{col 40}{space 1}    7.90{col 49}{space 3}0.000{col 57}{space 4} 540.4586{col 70}{space 3} 897.8661
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 479.9683{col 29}{space 2} 92.39141{col 40}{space 1}    5.19{col 49}{space 3}0.000{col 57}{space 4} 298.6181{col 70}{space 3} 661.3185
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 1015.939{col 29}{space 2} 93.17559{col 40}{space 1}   10.90{col 49}{space 3}0.000{col 57}{space 4} 833.0495{col 70}{space 3} 1198.828
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 809.2487{col 29}{space 2} 100.3849{col 40}{space 1}    8.06{col 49}{space 3}0.000{col 57}{space 4} 612.2086{col 70}{space 3} 1006.289
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 951.8082{col 29}{space 2} 100.7634{col 40}{space 1}    9.45{col 49}{space 3}0.000{col 57}{space 4} 754.0251{col 70}{space 3} 1149.591
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1331.772{col 29}{space 2} 96.14748{col 40}{space 1}   13.85{col 49}{space 3}0.000{col 57}{space 4} 1143.049{col 70}{space 3} 1520.494
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 964.5074{col 29}{space 2} 101.8802{col 40}{space 1}    9.47{col 49}{space 3}0.000{col 57}{space 4}  764.532{col 70}{space 3} 1164.483
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 978.9615{col 29}{space 2} 99.30917{col 40}{space 1}    9.86{col 49}{space 3}0.000{col 57}{space 4} 784.0328{col 70}{space 3}  1173.89
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 932.9917{col 29}{space 2} 99.15191{col 40}{space 1}    9.41{col 49}{space 3}0.000{col 57}{space 4} 738.3717{col 70}{space 3} 1127.612
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1161.491{col 29}{space 2} 102.7311{col 40}{space 1}   11.31{col 49}{space 3}0.000{col 57}{space 4} 959.8459{col 70}{space 3} 1363.137
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}  1085.19{col 29}{space 2}  106.701{col 40}{space 1}   10.17{col 49}{space 3}0.000{col 57}{space 4} 875.7523{col 70}{space 3} 1294.628
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 828.7254{col 29}{space 2} 108.7695{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 615.2275{col 70}{space 3} 1042.223
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}  797.171{col 29}{space 2} 107.1689{col 40}{space 1}    7.44{col 49}{space 3}0.000{col 57}{space 4} 586.8148{col 70}{space 3} 1007.527
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}  1236.32{col 29}{space 2} 109.5062{col 40}{space 1}   11.29{col 49}{space 3}0.000{col 57}{space 4} 1021.376{col 70}{space 3} 1451.264
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 942.8675{col 29}{space 2} 115.5951{col 40}{space 1}    8.16{col 49}{space 3}0.000{col 57}{space 4}  715.972{col 70}{space 3} 1169.763
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 1112.635{col 29}{space 2} 114.8188{col 40}{space 1}    9.69{col 49}{space 3}0.000{col 57}{space 4} 887.2628{col 70}{space 3} 1338.006
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 1071.543{col 29}{space 2} 113.6866{col 40}{space 1}    9.43{col 49}{space 3}0.000{col 57}{space 4} 848.3933{col 70}{space 3} 1294.692
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1101.267{col 29}{space 2} 116.7744{col 40}{space 1}    9.43{col 49}{space 3}0.000{col 57}{space 4} 872.0571{col 70}{space 3} 1330.478
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1197.978{col 29}{space 2} 116.7454{col 40}{space 1}   10.26{col 49}{space 3}0.000{col 57}{space 4} 968.8245{col 70}{space 3} 1427.131
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}  1431.42{col 29}{space 2} 118.6877{col 40}{space 1}   12.06{col 49}{space 3}0.000{col 57}{space 4} 1198.455{col 70}{space 3} 1664.386
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1059.435{col 29}{space 2} 122.7451{col 40}{space 1}    8.63{col 49}{space 3}0.000{col 57}{space 4} 818.5049{col 70}{space 3} 1300.365
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1289.219{col 29}{space 2} 122.6503{col 40}{space 1}   10.51{col 49}{space 3}0.000{col 57}{space 4} 1048.476{col 70}{space 3} 1529.963
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 1129.136{col 29}{space 2} 125.9777{col 40}{space 1}    8.96{col 49}{space 3}0.000{col 57}{space 4}  881.861{col 70}{space 3} 1376.411
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 929.6721{col 29}{space 2} 130.6866{col 40}{space 1}    7.11{col 49}{space 3}0.000{col 57}{space 4} 673.1542{col 70}{space 3}  1186.19
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1097.931{col 29}{space 2} 130.4809{col 40}{space 1}    8.41{col 49}{space 3}0.000{col 57}{space 4} 841.8166{col 70}{space 3} 1354.045
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1384.155{col 29}{space 2} 134.9297{col 40}{space 1}   10.26{col 49}{space 3}0.000{col 57}{space 4} 1119.309{col 70}{space 3} 1649.002
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1241.882{col 29}{space 2} 139.6938{col 40}{space 1}    8.89{col 49}{space 3}0.000{col 57}{space 4} 967.6847{col 70}{space 3}  1516.08
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1439.437{col 29}{space 2} 138.7739{col 40}{space 1}   10.37{col 49}{space 3}0.000{col 57}{space 4} 1167.045{col 70}{space 3} 1711.829
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1285.716{col 29}{space 2} 140.2855{col 40}{space 1}    9.16{col 49}{space 3}0.000{col 57}{space 4} 1010.357{col 70}{space 3} 1561.075
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 1094.254{col 29}{space 2} 143.0955{col 40}{space 1}    7.65{col 49}{space 3}0.000{col 57}{space 4} 813.3798{col 70}{space 3} 1375.129
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 402.7544{col 29}{space 2} 143.4306{col 40}{space 1}    2.81{col 49}{space 3}0.005{col 57}{space 4}  121.222{col 70}{space 3} 684.2868
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1352.287{col 29}{space 2} 144.9092{col 40}{space 1}    9.33{col 49}{space 3}0.000{col 57}{space 4} 1067.853{col 70}{space 3} 1636.722
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-183.2119{col 29}{space 2}  65.7664{col 40}{space 1}   -2.79{col 49}{space 3}0.005{col 57}{space 4}-312.3013{col 70}{space 3}-54.12249
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4311incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       910{col 27}-6398.472{col 38}-5848.564{col 49}    86{col 58} 11869.13{col 69} 12283.08
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       910
{txt}maximum lag: {res}8{col 49}{txt}F( 85,       824){col 67}= {res}      3.37
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0842211{col 29}{space 2} .0165506{col 40}{space 1}   -5.09{col 49}{space 3}0.000{col 57}{space 4}-.1167074{col 70}{space 3}-.0517347
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0006163{col 29}{space 2}  .000429{col 40}{space 1}    1.44{col 49}{space 3}0.151{col 57}{space 4}-.0002258{col 70}{space 3} .0014584
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0060871{col 29}{space 2} .0261262{col 40}{space 1}   -0.23{col 49}{space 3}0.816{col 57}{space 4}-.0573689{col 70}{space 3} .0451947
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 6.34e-06{col 29}{space 2} .0013821{col 40}{space 1}    0.00{col 49}{space 3}0.996{col 57}{space 4}-.0027065{col 70}{space 3} .0027192
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1217334{col 29}{space 2} .0538062{col 40}{space 1}   -2.26{col 49}{space 3}0.024{col 57}{space 4}-.2273468{col 70}{space 3}  -.01612
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035171{col 29}{space 2} .0015907{col 40}{space 1}    2.21{col 49}{space 3}0.027{col 57}{space 4} .0003949{col 70}{space 3} .0066393
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0032117{col 29}{space 2} .0221227{col 40}{space 1}    0.15{col 49}{space 3}0.885{col 57}{space 4}-.0402118{col 70}{space 3} .0466351
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0003133{col 29}{space 2} .0015809{col 40}{space 1}   -0.20{col 49}{space 3}0.843{col 57}{space 4}-.0034163{col 70}{space 3} .0027897
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.2440337{col 29}{space 2} .9039281{col 40}{space 1}   -0.27{col 49}{space 3}0.787{col 57}{space 4}-2.018306{col 70}{space 3} 1.530239
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .5504869{col 29}{space 2} 1.515511{col 40}{space 1}    0.36{col 49}{space 3}0.717{col 57}{space 4}-2.424229{col 70}{space 3} 3.525203
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .1601078{col 29}{space 2} .7631362{col 40}{space 1}    0.21{col 49}{space 3}0.834{col 57}{space 4}-1.337812{col 70}{space 3} 1.658028
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.314492{col 29}{space 2} 1.011245{col 40}{space 1}    2.29{col 49}{space 3}0.022{col 57}{space 4} .3295725{col 70}{space 3} 4.299412
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.0242207{col 29}{space 2} .8843049{col 40}{space 1}   -0.03{col 49}{space 3}0.978{col 57}{space 4}-1.759976{col 70}{space 3} 1.711535
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .9933637{col 29}{space 2}  .958162{col 40}{space 1}    1.04{col 49}{space 3}0.300{col 57}{space 4}-.8873618{col 70}{space 3} 2.874089
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8435902{col 29}{space 2} .8164443{col 40}{space 1}    1.03{col 49}{space 3}0.302{col 57}{space 4}-.7589651{col 70}{space 3} 2.446146
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9979961{col 29}{space 2} 1.009499{col 40}{space 1}    0.99{col 49}{space 3}0.323{col 57}{space 4}-.9834953{col 70}{space 3} 2.979487
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.121258{col 29}{space 2} .8207303{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-.4897102{col 70}{space 3} 2.732226
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.530729{col 29}{space 2} 1.180765{col 40}{space 1}    2.14{col 49}{space 3}0.032{col 57}{space 4}  .213069{col 70}{space 3}  4.84839
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .0403988{col 29}{space 2} 1.140272{col 40}{space 1}    0.04{col 49}{space 3}0.972{col 57}{space 4}-2.197781{col 70}{space 3} 2.278579
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .2805774{col 29}{space 2} 1.061648{col 40}{space 1}    0.26{col 49}{space 3}0.792{col 57}{space 4}-1.803276{col 70}{space 3} 2.364431
{txt}{space 12}54  {c |}{col 17}{res}{space 2}  .864619{col 29}{space 2} 1.111363{col 40}{space 1}    0.78{col 49}{space 3}0.437{col 57}{space 4}-1.316816{col 70}{space 3} 3.046054
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.094984{col 29}{space 2} 1.420966{col 40}{space 1}    1.47{col 49}{space 3}0.141{col 57}{space 4}-.6941544{col 70}{space 3} 4.884123
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}  1.33635{col 29}{space 2} 1.755107{col 40}{space 1}    0.76{col 49}{space 3}0.447{col 57}{space 4}-2.108658{col 70}{space 3} 4.781357
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.699703{col 29}{space 2} 2.339679{col 40}{space 1}   -1.15{col 49}{space 3}0.249{col 57}{space 4}-7.292135{col 70}{space 3} 1.892728
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.107209{col 29}{space 2} 1.875987{col 40}{space 1}   -0.59{col 49}{space 3}0.555{col 57}{space 4}-4.789485{col 70}{space 3} 2.575067
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.7395706{col 29}{space 2} 1.559932{col 40}{space 1}   -0.47{col 49}{space 3}0.636{col 57}{space 4}-3.801478{col 70}{space 3} 2.322337
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.0637584{col 29}{space 2} 1.190472{col 40}{space 1}   -0.05{col 49}{space 3}0.957{col 57}{space 4}-2.400472{col 70}{space 3} 2.272956
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.551823{col 29}{space 2} 1.426167{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-1.247525{col 70}{space 3} 4.351172
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.9424869{col 29}{space 2} 1.084207{col 40}{space 1}   -0.87{col 49}{space 3}0.385{col 57}{space 4} -3.07062{col 70}{space 3} 1.185647
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} -.629742{col 29}{space 2} 1.562488{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-3.696667{col 70}{space 3} 2.437183
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-1.565405{col 29}{space 2} 1.639262{col 40}{space 1}   -0.95{col 49}{space 3}0.340{col 57}{space 4}-4.783026{col 70}{space 3} 1.652216
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.220231{col 29}{space 2}  1.83422{col 40}{space 1}    0.67{col 49}{space 3}0.506{col 57}{space 4}-2.380062{col 70}{space 3} 4.820525
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} .2710075{col 29}{space 2} 1.141105{col 40}{space 1}    0.24{col 49}{space 3}0.812{col 57}{space 4}-1.968807{col 70}{space 3} 2.510822
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-5.007789{col 29}{space 2} 2.660129{col 40}{space 1}   -1.88{col 49}{space 3}0.060{col 57}{space 4}-10.22921{col 70}{space 3} .2136377
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.102628{col 29}{space 2} 1.369259{col 40}{space 1}   -1.54{col 49}{space 3}0.125{col 57}{space 4}-4.790273{col 70}{space 3} .5850171
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .4022493{col 29}{space 2} 1.710511{col 40}{space 1}    0.24{col 49}{space 3}0.814{col 57}{space 4}-2.955223{col 70}{space 3} 3.759722
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.7539315{col 29}{space 2} 1.744882{col 40}{space 1}   -0.43{col 49}{space 3}0.666{col 57}{space 4}-4.178868{col 70}{space 3} 2.671005
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 2.136168{col 29}{space 2} 1.876834{col 40}{space 1}    1.14{col 49}{space 3}0.255{col 57}{space 4}-1.547771{col 70}{space 3} 5.820106
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1.358651{col 29}{space 2} 2.407391{col 40}{space 1}    0.56{col 49}{space 3}0.573{col 57}{space 4}-3.366689{col 70}{space 3} 6.083992
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-1.921854{col 29}{space 2} 2.757925{col 40}{space 1}   -0.70{col 49}{space 3}0.486{col 57}{space 4}-7.335238{col 70}{space 3}  3.49153
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-.4937769{col 29}{space 2} 1.898163{col 40}{space 1}   -0.26{col 49}{space 3}0.795{col 57}{space 4}-4.219581{col 70}{space 3} 3.232027
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 9.611624{col 29}{space 2} 4.917625{col 40}{space 1}    1.95{col 49}{space 3}0.051{col 57}{space 4}-.0409209{col 70}{space 3} 19.26417
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} .1811114{col 29}{space 2} 2.374136{col 40}{space 1}    0.08{col 49}{space 3}0.939{col 57}{space 4}-4.478954{col 70}{space 3} 4.841177
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1.973524{col 29}{space 2} 3.309779{col 40}{space 1}    0.60{col 49}{space 3}0.551{col 57}{space 4}-4.523067{col 70}{space 3} 8.470114
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-.6034963{col 29}{space 2} 2.388037{col 40}{space 1}   -0.25{col 49}{space 3}0.801{col 57}{space 4}-5.290849{col 70}{space 3} 4.083856
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.169855{col 29}{space 2}  2.40754{col 40}{space 1}   -1.32{col 49}{space 3}0.188{col 57}{space 4}-7.895488{col 70}{space 3} 1.555778
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-2.505149{col 29}{space 2} 2.784328{col 40}{space 1}   -0.90{col 49}{space 3}0.369{col 57}{space 4}-7.970359{col 70}{space 3}  2.96006
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  2.62823{col 29}{space 2} 3.089719{col 40}{space 1}    0.85{col 49}{space 3}0.395{col 57}{space 4}-3.436416{col 70}{space 3} 8.692877
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-3.060119{col 29}{space 2} 2.472721{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-7.913693{col 70}{space 3} 1.793455
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-9.113796{col 29}{space 2} 4.144543{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4} -17.2489{col 70}{space 3}-.9786919
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-2.587046{col 29}{space 2} 3.106742{col 40}{space 1}   -0.83{col 49}{space 3}0.405{col 57}{space 4}-8.685106{col 70}{space 3} 3.511014
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-6.310796{col 29}{space 2} 3.455994{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-13.09438{col 70}{space 3}  .472792
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-3.022053{col 29}{space 2} 2.851175{col 40}{space 1}   -1.06{col 49}{space 3}0.289{col 57}{space 4}-8.618474{col 70}{space 3} 2.574368
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} .2807545{col 29}{space 2} 3.474468{col 40}{space 1}    0.08{col 49}{space 3}0.936{col 57}{space 4}-6.539096{col 70}{space 3} 7.100605
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-.3926698{col 29}{space 2} 2.674291{col 40}{space 1}   -0.15{col 49}{space 3}0.883{col 57}{space 4}-5.641894{col 70}{space 3} 4.856554
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 3.662858{col 29}{space 2} 3.383957{col 40}{space 1}    1.08{col 49}{space 3}0.279{col 57}{space 4}-2.979333{col 70}{space 3} 10.30505
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-1.425677{col 29}{space 2} 3.345814{col 40}{space 1}   -0.43{col 49}{space 3}0.670{col 57}{space 4}-7.992998{col 70}{space 3} 5.141644
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-3.779245{col 29}{space 2} 3.595561{col 40}{space 1}   -1.05{col 49}{space 3}0.294{col 57}{space 4}-10.83678{col 70}{space 3} 3.278291
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.477955{col 29}{space 2} 3.450293{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-9.250352{col 70}{space 3} 4.294443
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.339371{col 29}{space 2} 4.185971{col 40}{space 1}    1.04{col 49}{space 3}0.300{col 57}{space 4} -3.87705{col 70}{space 3} 12.55579
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.377895{col 29}{space 2} 3.070576{col 40}{space 1}   -0.77{col 49}{space 3}0.439{col 57}{space 4}-8.404967{col 70}{space 3} 3.649177
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.101734{col 29}{space 2}  3.69661{col 40}{space 1}    0.57{col 49}{space 3}0.570{col 57}{space 4}-5.154147{col 70}{space 3} 9.357614
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  -1.6664{col 29}{space 2} 3.444004{col 40}{space 1}   -0.48{col 49}{space 3}0.629{col 57}{space 4}-8.426452{col 70}{space 3} 5.093653
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} .3992947{col 29}{space 2} 4.100792{col 40}{space 1}    0.10{col 49}{space 3}0.922{col 57}{space 4}-7.649932{col 70}{space 3} 8.448522
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-1.578143{col 29}{space 2} 3.494911{col 40}{space 1}   -0.45{col 49}{space 3}0.652{col 57}{space 4}-8.438118{col 70}{space 3} 5.281833
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.2260901{col 29}{space 2} 3.842485{col 40}{space 1}   -0.06{col 49}{space 3}0.953{col 57}{space 4}-7.768301{col 70}{space 3} 7.316121
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1.139927{col 29}{space 2}  3.90158{col 40}{space 1}    0.29{col 49}{space 3}0.770{col 57}{space 4}-6.518277{col 70}{space 3} 8.798131
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1.242059{col 29}{space 2} 4.374703{col 40}{space 1}    0.28{col 49}{space 3}0.777{col 57}{space 4}-7.344814{col 70}{space 3} 9.828932
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  .273678{col 29}{space 2} 3.725129{col 40}{space 1}    0.07{col 49}{space 3}0.941{col 57}{space 4}-7.038181{col 70}{space 3} 7.585537
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 11.64526{col 29}{space 2} 4.581434{col 40}{space 1}    2.54{col 49}{space 3}0.011{col 57}{space 4} 2.652603{col 70}{space 3} 20.63791
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 2.407117{col 29}{space 2} 4.445123{col 40}{space 1}    0.54{col 49}{space 3}0.588{col 57}{space 4} -6.31798{col 70}{space 3} 11.13222
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1.627061{col 29}{space 2} 4.098483{col 40}{space 1}    0.40{col 49}{space 3}0.691{col 57}{space 4}-6.417634{col 70}{space 3} 9.671756
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-1.111702{col 29}{space 2} 4.243223{col 40}{space 1}   -0.26{col 49}{space 3}0.793{col 57}{space 4}  -9.4405{col 70}{space 3} 7.217097
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.556667{col 29}{space 2} 4.730869{col 40}{space 1}   -0.96{col 49}{space 3}0.336{col 57}{space 4}-13.84264{col 70}{space 3} 4.729306
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.273691{col 29}{space 2} 4.106297{col 40}{space 1}   -0.31{col 49}{space 3}0.757{col 57}{space 4}-9.333723{col 70}{space 3} 6.786342
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.7641021{col 29}{space 2} 4.805723{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}  -10.197{col 70}{space 3} 8.668797
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.758593{col 29}{space 2} 4.042057{col 40}{space 1}   -0.68{col 49}{space 3}0.495{col 57}{space 4}-10.69253{col 70}{space 3} 5.175346
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 2.059289{col 29}{space 2} 4.804965{col 40}{space 1}    0.43{col 49}{space 3}0.668{col 57}{space 4}-7.372121{col 70}{space 3}  11.4907
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.8851161{col 29}{space 2}  4.82666{col 40}{space 1}   -0.18{col 49}{space 3}0.855{col 57}{space 4}-10.35911{col 70}{space 3} 8.588879
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.8753273{col 29}{space 2} 5.143319{col 40}{space 1}   -0.17{col 49}{space 3}0.865{col 57}{space 4}-10.97088{col 70}{space 3} 9.220222
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-1.952359{col 29}{space 2} 4.850097{col 40}{space 1}   -0.40{col 49}{space 3}0.687{col 57}{space 4}-11.47236{col 70}{space 3}  7.56764
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-2.888372{col 29}{space 2} 5.385822{col 40}{space 1}   -0.54{col 49}{space 3}0.592{col 57}{space 4}-13.45992{col 70}{space 3} 7.683174
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} -1.29531{col 29}{space 2} 4.948579{col 40}{space 1}   -0.26{col 49}{space 3}0.794{col 57}{space 4}-11.00861{col 70}{space 3} 8.417995
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-2.412034{col 29}{space 2}   5.3044{col 40}{space 1}   -0.45{col 49}{space 3}0.649{col 57}{space 4}-12.82376{col 70}{space 3} 7.999692
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-.5961009{col 29}{space 2} 6.508091{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4}-13.37049{col 70}{space 3} 12.17829
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  -2.4886{col 29}{space 2}   1.9251{col 40}{space 1}   -1.29{col 49}{space 3}0.196{col 57}{space 4}-6.267277{col 70}{space 3} 1.290077
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4311pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       910
{txt}{hline 13}{c +}{hline 34}   F(85, 824)      = {res}     3.89
{txt}       Model {c |} {res} 11844.6792        85  139.349167   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 29492.6004       824  35.7919907   {txt}R-squared       ={res}    0.2865
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2129
{txt}       Total {c |} {res} 41337.2796       909  45.4755551   {txt}Root MSE        =   {res} 5.9826

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0842211{col 29}{space 2} .0169778{col 40}{space 1}   -4.96{col 49}{space 3}0.000{col 57}{space 4}-.1175458{col 70}{space 3}-.0508963
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0006163{col 29}{space 2} .0004411{col 40}{space 1}    1.40{col 49}{space 3}0.163{col 57}{space 4}-.0002496{col 70}{space 3} .0014821
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0060871{col 29}{space 2} .0371298{col 40}{space 1}   -0.16{col 49}{space 3}0.870{col 57}{space 4}-.0789671{col 70}{space 3}  .066793
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 6.34e-06{col 29}{space 2} .0013244{col 40}{space 1}    0.00{col 49}{space 3}0.996{col 57}{space 4}-.0025932{col 70}{space 3} .0026059
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1217334{col 29}{space 2} .0357186{col 40}{space 1}   -3.41{col 49}{space 3}0.001{col 57}{space 4}-.1918435{col 70}{space 3}-.0516233
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0035171{col 29}{space 2} .0013252{col 40}{space 1}    2.65{col 49}{space 3}0.008{col 57}{space 4} .0009159{col 70}{space 3} .0061183
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0032117{col 29}{space 2} .0351207{col 40}{space 1}    0.09{col 49}{space 3}0.927{col 57}{space 4}-.0657248{col 70}{space 3} .0721482
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0003133{col 29}{space 2} .0014174{col 40}{space 1}   -0.22{col 49}{space 3}0.825{col 57}{space 4}-.0030954{col 70}{space 3} .0024689
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.2440337{col 29}{space 2} 1.064473{col 40}{space 1}   -0.23{col 49}{space 3}0.819{col 57}{space 4}-2.333431{col 70}{space 3} 1.845364
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .5504869{col 29}{space 2} 1.370584{col 40}{space 1}    0.40{col 49}{space 3}0.688{col 57}{space 4}-2.139759{col 70}{space 3} 3.240733
{txt}{space 12}13  {c |}{col 17}{res}{space 2} .1601078{col 29}{space 2} 1.134833{col 40}{space 1}    0.14{col 49}{space 3}0.888{col 57}{space 4}-2.067397{col 70}{space 3} 2.387612
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.314492{col 29}{space 2} 1.243745{col 40}{space 1}    1.86{col 49}{space 3}0.063{col 57}{space 4}-.1267894{col 70}{space 3} 4.755774
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.0242207{col 29}{space 2} 1.067661{col 40}{space 1}   -0.02{col 49}{space 3}0.982{col 57}{space 4}-2.119875{col 70}{space 3} 2.071434
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .9933637{col 29}{space 2} 1.162341{col 40}{space 1}    0.85{col 49}{space 3}0.393{col 57}{space 4}-1.288133{col 70}{space 3}  3.27486
{txt}{space 12}37  {c |}{col 17}{res}{space 2} .8435902{col 29}{space 2} 1.109383{col 40}{space 1}    0.76{col 49}{space 3}0.447{col 57}{space 4}-1.333959{col 70}{space 3} 3.021139
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9979961{col 29}{space 2} 1.142485{col 40}{space 1}    0.87{col 49}{space 3}0.383{col 57}{space 4}-1.244528{col 70}{space 3}  3.24052
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.121258{col 29}{space 2} 1.068553{col 40}{space 1}    1.05{col 49}{space 3}0.294{col 57}{space 4}-.9761474{col 70}{space 3} 3.218663
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.530729{col 29}{space 2} 1.233318{col 40}{space 1}    2.05{col 49}{space 3}0.040{col 57}{space 4} .1099139{col 70}{space 3} 4.951545
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .0403988{col 29}{space 2} 1.255797{col 40}{space 1}    0.03{col 49}{space 3}0.974{col 57}{space 4}-2.424539{col 70}{space 3} 2.505336
{txt}{space 12}51  {c |}{col 17}{res}{space 2} .2805774{col 29}{space 2} 1.486178{col 40}{space 1}    0.19{col 49}{space 3}0.850{col 57}{space 4}-2.636562{col 70}{space 3} 3.197717
{txt}{space 12}54  {c |}{col 17}{res}{space 2}  .864619{col 29}{space 2} 1.176319{col 40}{space 1}    0.74{col 49}{space 3}0.463{col 57}{space 4}-1.444315{col 70}{space 3} 3.173553
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.094984{col 29}{space 2} 2.395772{col 40}{space 1}    0.87{col 49}{space 3}0.382{col 57}{space 4} -2.60755{col 70}{space 3} 6.797518
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}  1.33635{col 29}{space 2} 2.751895{col 40}{space 1}    0.49{col 49}{space 3}0.627{col 57}{space 4}  -4.0652{col 70}{space 3}   6.7379
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.699703{col 29}{space 2} 2.626751{col 40}{space 1}   -1.03{col 49}{space 3}0.304{col 57}{space 4}-7.855613{col 70}{space 3} 2.456206
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.107209{col 29}{space 2} 2.487487{col 40}{space 1}   -0.45{col 49}{space 3}0.656{col 57}{space 4}-5.989765{col 70}{space 3} 3.775348
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.7395706{col 29}{space 2} 2.529444{col 40}{space 1}   -0.29{col 49}{space 3}0.770{col 57}{space 4}-5.704482{col 70}{space 3} 4.225341
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.0637584{col 29}{space 2} 2.440215{col 40}{space 1}   -0.03{col 49}{space 3}0.979{col 57}{space 4}-4.853527{col 70}{space 3}  4.72601
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.551823{col 29}{space 2} 2.446525{col 40}{space 1}    0.63{col 49}{space 3}0.526{col 57}{space 4}-3.250332{col 70}{space 3} 6.353979
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.9424869{col 29}{space 2} 2.371238{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-5.596865{col 70}{space 3} 3.711891
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} -.629742{col 29}{space 2} 2.550788{col 40}{space 1}   -0.25{col 49}{space 3}0.805{col 57}{space 4}-5.636549{col 70}{space 3} 4.377065
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-1.565405{col 29}{space 2} 2.590102{col 40}{space 1}   -0.60{col 49}{space 3}0.546{col 57}{space 4}-6.649379{col 70}{space 3} 3.518569
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.220231{col 29}{space 2}  2.37436{col 40}{space 1}    0.51{col 49}{space 3}0.607{col 57}{space 4}-3.440274{col 70}{space 3} 5.880736
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} .2710075{col 29}{space 2} 2.427211{col 40}{space 1}    0.11{col 49}{space 3}0.911{col 57}{space 4}-4.493236{col 70}{space 3} 5.035251
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-5.007789{col 29}{space 2} 2.580711{col 40}{space 1}   -1.94{col 49}{space 3}0.053{col 57}{space 4}-10.07333{col 70}{space 3} .0577523
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-2.102628{col 29}{space 2} 2.495999{col 40}{space 1}   -0.84{col 49}{space 3}0.400{col 57}{space 4}-7.001892{col 70}{space 3} 2.796636
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .4022493{col 29}{space 2} 2.506549{col 40}{space 1}    0.16{col 49}{space 3}0.873{col 57}{space 4}-4.517723{col 70}{space 3} 5.322222
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.7539315{col 29}{space 2} 2.622083{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4} -5.90068{col 70}{space 3} 4.392817
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 2.136168{col 29}{space 2} 2.584464{col 40}{space 1}    0.83{col 49}{space 3}0.409{col 57}{space 4}-2.936741{col 70}{space 3} 7.209077
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1.358651{col 29}{space 2} 2.636902{col 40}{space 1}    0.52{col 49}{space 3}0.607{col 57}{space 4}-3.817183{col 70}{space 3} 6.534486
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-1.921854{col 29}{space 2} 2.700219{col 40}{space 1}   -0.71{col 49}{space 3}0.477{col 57}{space 4}-7.221971{col 70}{space 3} 3.378263
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-.4937769{col 29}{space 2}  2.71888{col 40}{space 1}   -0.18{col 49}{space 3}0.856{col 57}{space 4}-5.830522{col 70}{space 3} 4.842969
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 9.611624{col 29}{space 2} 2.745637{col 40}{space 1}    3.50{col 49}{space 3}0.000{col 57}{space 4} 4.222359{col 70}{space 3} 15.00089
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} .1811114{col 29}{space 2}  2.85507{col 40}{space 1}    0.06{col 49}{space 3}0.949{col 57}{space 4}-5.422954{col 70}{space 3} 5.785177
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1.973524{col 29}{space 2} 2.893167{col 40}{space 1}    0.68{col 49}{space 3}0.495{col 57}{space 4} -3.70532{col 70}{space 3} 7.652368
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-.6034963{col 29}{space 2} 2.862269{col 40}{space 1}   -0.21{col 49}{space 3}0.833{col 57}{space 4}-6.221693{col 70}{space 3}   5.0147
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-3.169855{col 29}{space 2} 2.945997{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-8.952396{col 70}{space 3} 2.612686
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-2.505149{col 29}{space 2} 3.220357{col 40}{space 1}   -0.78{col 49}{space 3}0.437{col 57}{space 4}-8.826218{col 70}{space 3} 3.815919
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  2.62823{col 29}{space 2} 3.294147{col 40}{space 1}    0.80{col 49}{space 3}0.425{col 57}{space 4}-3.837677{col 70}{space 3} 9.094138
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-3.060119{col 29}{space 2} 3.069363{col 40}{space 1}   -1.00{col 49}{space 3}0.319{col 57}{space 4} -9.08481{col 70}{space 3} 2.964572
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-9.113796{col 29}{space 2} 3.124205{col 40}{space 1}   -2.92{col 49}{space 3}0.004{col 57}{space 4}-15.24613{col 70}{space 3}-2.981458
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-2.587046{col 29}{space 2} 3.578806{col 40}{space 1}   -0.72{col 49}{space 3}0.470{col 57}{space 4}-9.611695{col 70}{space 3} 4.437603
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-6.310796{col 29}{space 2} 3.570273{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4} -13.3187{col 70}{space 3} .6971043
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-3.022053{col 29}{space 2} 3.532139{col 40}{space 1}   -0.86{col 49}{space 3}0.392{col 57}{space 4}-9.955102{col 70}{space 3} 3.910996
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} .2807545{col 29}{space 2} 3.495829{col 40}{space 1}    0.08{col 49}{space 3}0.936{col 57}{space 4}-6.581024{col 70}{space 3} 7.142533
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-.3926698{col 29}{space 2} 3.408667{col 40}{space 1}   -0.12{col 49}{space 3}0.908{col 57}{space 4}-7.083363{col 70}{space 3} 6.298023
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 3.662858{col 29}{space 2} 3.722743{col 40}{space 1}    0.98{col 49}{space 3}0.325{col 57}{space 4}-3.644318{col 70}{space 3} 10.97003
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-1.425677{col 29}{space 2} 3.761595{col 40}{space 1}   -0.38{col 49}{space 3}0.705{col 57}{space 4}-8.809112{col 70}{space 3} 5.957758
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-3.779245{col 29}{space 2} 3.617101{col 40}{space 1}   -1.04{col 49}{space 3}0.296{col 57}{space 4}-10.87906{col 70}{space 3} 3.320572
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-2.477955{col 29}{space 2} 3.913994{col 40}{space 1}   -0.63{col 49}{space 3}0.527{col 57}{space 4}-10.16053{col 70}{space 3} 5.204617
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 4.339371{col 29}{space 2} 3.808634{col 40}{space 1}    1.14{col 49}{space 3}0.255{col 57}{space 4}-3.136396{col 70}{space 3} 11.81514
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-2.377895{col 29}{space 2} 3.782874{col 40}{space 1}   -0.63{col 49}{space 3}0.530{col 57}{space 4}-9.803098{col 70}{space 3} 5.047308
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.101734{col 29}{space 2} 3.903043{col 40}{space 1}    0.54{col 49}{space 3}0.590{col 57}{space 4}-5.559343{col 70}{space 3}  9.76281
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}  -1.6664{col 29}{space 2} 4.060498{col 40}{space 1}   -0.41{col 49}{space 3}0.682{col 57}{space 4}-9.636537{col 70}{space 3} 6.303738
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} .3992947{col 29}{space 2} 4.139474{col 40}{space 1}    0.10{col 49}{space 3}0.923{col 57}{space 4} -7.72586{col 70}{space 3} 8.524449
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-1.578143{col 29}{space 2} 4.030831{col 40}{space 1}   -0.39{col 49}{space 3}0.696{col 57}{space 4}-9.490047{col 70}{space 3} 6.333762
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-.2260901{col 29}{space 2} 4.062364{col 40}{space 1}   -0.06{col 49}{space 3}0.956{col 57}{space 4} -8.19989{col 70}{space 3}  7.74771
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1.139927{col 29}{space 2} 4.336811{col 40}{space 1}    0.26{col 49}{space 3}0.793{col 57}{space 4}-7.372569{col 70}{space 3} 9.652423
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1.242059{col 29}{space 2} 4.313406{col 40}{space 1}    0.29{col 49}{space 3}0.773{col 57}{space 4}-7.224498{col 70}{space 3} 9.708617
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}  .273678{col 29}{space 2} 4.268365{col 40}{space 1}    0.06{col 49}{space 3}0.949{col 57}{space 4}-8.104469{col 70}{space 3} 8.651825
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 11.64526{col 29}{space 2} 4.391363{col 40}{space 1}    2.65{col 49}{space 3}0.008{col 57}{space 4} 3.025682{col 70}{space 3} 20.26483
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 2.407117{col 29}{space 2} 4.418369{col 40}{space 1}    0.54{col 49}{space 3}0.586{col 57}{space 4}-6.265465{col 70}{space 3}  11.0797
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1.627061{col 29}{space 2} 4.538366{col 40}{space 1}    0.36{col 49}{space 3}0.720{col 57}{space 4}-7.281058{col 70}{space 3} 10.53518
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-1.111702{col 29}{space 2} 4.719409{col 40}{space 1}   -0.24{col 49}{space 3}0.814{col 57}{space 4}-10.37518{col 70}{space 3} 8.151776
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.556667{col 29}{space 2} 4.659769{col 40}{space 1}   -0.98{col 49}{space 3}0.328{col 57}{space 4}-13.70308{col 70}{space 3} 4.589747
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.273691{col 29}{space 2} 4.771616{col 40}{space 1}   -0.27{col 49}{space 3}0.790{col 57}{space 4}-10.63964{col 70}{space 3} 8.092261
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.7641021{col 29}{space 2} 4.922974{col 40}{space 1}   -0.16{col 49}{space 3}0.877{col 57}{space 4}-10.42715{col 70}{space 3} 8.898942
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-2.758593{col 29}{space 2} 4.867843{col 40}{space 1}   -0.57{col 49}{space 3}0.571{col 57}{space 4}-12.31342{col 70}{space 3} 6.796239
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 2.059289{col 29}{space 2} 5.021755{col 40}{space 1}    0.41{col 49}{space 3}0.682{col 57}{space 4}-7.797649{col 70}{space 3} 11.91623
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.8851161{col 29}{space 2} 5.244076{col 40}{space 1}   -0.17{col 49}{space 3}0.866{col 57}{space 4}-11.17844{col 70}{space 3} 9.408203
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.8753273{col 29}{space 2} 5.236889{col 40}{space 1}   -0.17{col 49}{space 3}0.867{col 57}{space 4}-11.15454{col 70}{space 3} 9.403884
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-1.952359{col 29}{space 2} 5.317546{col 40}{space 1}   -0.37{col 49}{space 3}0.714{col 57}{space 4}-12.38989{col 70}{space 3}  8.48517
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-2.888372{col 29}{space 2}  5.41551{col 40}{space 1}   -0.53{col 49}{space 3}0.594{col 57}{space 4}-13.51819{col 70}{space 3} 7.741447
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} -1.29531{col 29}{space 2} 5.385666{col 40}{space 1}   -0.24{col 49}{space 3}0.810{col 57}{space 4}-11.86655{col 70}{space 3} 9.275929
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-2.412034{col 29}{space 2}  5.31048{col 40}{space 1}   -0.45{col 49}{space 3}0.650{col 57}{space 4}-12.83569{col 70}{space 3} 8.011626
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-.5961009{col 29}{space 2} 5.617726{col 40}{space 1}   -0.11{col 49}{space 3}0.916{col 57}{space 4}-11.62284{col 70}{space 3} 10.43064
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}  -2.4886{col 29}{space 2}  2.52849{col 40}{space 1}   -0.98{col 49}{space 3}0.325{col 57}{space 4}-7.451639{col 70}{space 3} 2.474438
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4311pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       910{col 27}-3027.548{col 38}-2873.929{col 49}    86{col 58} 5919.858{col 69} 6333.814
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4311inc!=. & nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       910
{txt}maximum lag: {res}8{col 49}{txt}F( 80,       829){col 67}= {res}     48.93
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0472765{col 29}{space 2} .0151125{col 40}{space 1}   -3.13{col 49}{space 3}0.002{col 57}{space 4}-.0769398{col 70}{space 3}-.0176132
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.040638{col 29}{space 2} .4812771{col 40}{space 1}    2.16{col 49}{space 3}0.031{col 57}{space 4} .0959731{col 70}{space 3} 1.985303
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .5287058{col 29}{space 2} .9290733{col 40}{space 1}    0.57{col 49}{space 3}0.569{col 57}{space 4}-1.294907{col 70}{space 3} 2.352319
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-14.44095{col 29}{space 2} 16.84405{col 40}{space 1}   -0.86{col 49}{space 3}0.392{col 57}{space 4}-47.50295{col 70}{space 3} 18.62105
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 80.23874{col 29}{space 2} 38.94972{col 40}{space 1}    2.06{col 49}{space 3}0.040{col 57}{space 4} 3.787065{col 70}{space 3} 156.6904
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 42.37682{col 29}{space 2} 33.73799{col 40}{space 1}    1.26{col 49}{space 3}0.209{col 57}{space 4}-23.84511{col 70}{space 3} 108.5988
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-42.79671{col 29}{space 2} 25.22493{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-92.30896{col 70}{space 3} 6.715534
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 36.80814{col 29}{space 2} 37.42866{col 40}{space 1}    0.98{col 49}{space 3}0.326{col 57}{space 4}-36.65794{col 70}{space 3} 110.2742
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-57.99409{col 29}{space 2} 24.62595{col 40}{space 1}   -2.35{col 49}{space 3}0.019{col 57}{space 4}-106.3306{col 70}{space 3}-9.657546
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 27.99956{col 29}{space 2} 27.66848{col 40}{space 1}    1.01{col 49}{space 3}0.312{col 57}{space 4}-26.30895{col 70}{space 3} 82.30808
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 14.93692{col 29}{space 2} 35.05831{col 40}{space 1}    0.43{col 49}{space 3}0.670{col 57}{space 4}-53.87657{col 70}{space 3} 83.75042
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-17.80363{col 29}{space 2} 21.25686{col 40}{space 1}   -0.84{col 49}{space 3}0.403{col 57}{space 4}-59.52722{col 70}{space 3} 23.91996
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-12.54225{col 29}{space 2} 27.62092{col 40}{space 1}   -0.45{col 49}{space 3}0.650{col 57}{space 4}-66.75741{col 70}{space 3} 41.67291
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 74.38598{col 29}{space 2} 34.75076{col 40}{space 1}    2.14{col 49}{space 3}0.033{col 57}{space 4} 6.176158{col 70}{space 3} 142.5958
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 163.8728{col 29}{space 2} 41.71131{col 40}{space 1}    3.93{col 49}{space 3}0.000{col 57}{space 4} 82.00059{col 70}{space 3}  245.745
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-53.60022{col 29}{space 2} 27.15257{col 40}{space 1}   -1.97{col 49}{space 3}0.049{col 57}{space 4}-106.8961{col 70}{space 3}-.3043524
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-2.511193{col 29}{space 2} 69.69809{col 40}{space 1}   -0.04{col 49}{space 3}0.971{col 57}{space 4}-139.3167{col 70}{space 3} 134.2943
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 494.4648{col 29}{space 2} 56.94661{col 40}{space 1}    8.68{col 49}{space 3}0.000{col 57}{space 4} 382.6883{col 70}{space 3} 606.2413
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 325.3778{col 29}{space 2} 90.95753{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 146.8437{col 70}{space 3}  503.912
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  595.947{col 29}{space 2}  59.2604{col 40}{space 1}   10.06{col 49}{space 3}0.000{col 57}{space 4} 479.6289{col 70}{space 3}  712.265
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 551.3383{col 29}{space 2} 53.81677{col 40}{space 1}   10.24{col 49}{space 3}0.000{col 57}{space 4} 445.7051{col 70}{space 3} 656.9714
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 560.4129{col 29}{space 2} 52.03162{col 40}{space 1}   10.77{col 49}{space 3}0.000{col 57}{space 4} 458.2837{col 70}{space 3} 662.5421
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}  553.251{col 29}{space 2} 57.64812{col 40}{space 1}    9.60{col 49}{space 3}0.000{col 57}{space 4} 440.0975{col 70}{space 3} 666.4044
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 350.7766{col 29}{space 2} 54.68495{col 40}{space 1}    6.41{col 49}{space 3}0.000{col 57}{space 4} 243.4394{col 70}{space 3} 458.1139
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 736.4216{col 29}{space 2} 56.21094{col 40}{space 1}   13.10{col 49}{space 3}0.000{col 57}{space 4} 626.0891{col 70}{space 3} 846.7541
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 639.5248{col 29}{space 2} 60.98832{col 40}{space 1}   10.49{col 49}{space 3}0.000{col 57}{space 4} 519.8151{col 70}{space 3} 759.2344
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 419.5504{col 29}{space 2} 62.84073{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 296.2048{col 70}{space 3} 542.8961
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 454.9093{col 29}{space 2} 62.47833{col 40}{space 1}    7.28{col 49}{space 3}0.000{col 57}{space 4}  332.275{col 70}{space 3} 577.5436
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 632.8011{col 29}{space 2} 52.91058{col 40}{space 1}   11.96{col 49}{space 3}0.000{col 57}{space 4} 528.9466{col 70}{space 3} 736.6555
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 447.9195{col 29}{space 2} 54.14687{col 40}{space 1}    8.27{col 49}{space 3}0.000{col 57}{space 4} 341.6384{col 70}{space 3} 554.2005
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 579.7376{col 29}{space 2} 56.95153{col 40}{space 1}   10.18{col 49}{space 3}0.000{col 57}{space 4} 467.9514{col 70}{space 3} 691.5237
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 635.8153{col 29}{space 2} 54.45522{col 40}{space 1}   11.68{col 49}{space 3}0.000{col 57}{space 4}  528.929{col 70}{space 3} 742.7017
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 670.4221{col 29}{space 2} 56.42009{col 40}{space 1}   11.88{col 49}{space 3}0.000{col 57}{space 4} 559.6791{col 70}{space 3} 781.1651
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 768.7028{col 29}{space 2} 57.05345{col 40}{space 1}   13.47{col 49}{space 3}0.000{col 57}{space 4} 656.7166{col 70}{space 3}  880.689
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 839.8163{col 29}{space 2} 57.53079{col 40}{space 1}   14.60{col 49}{space 3}0.000{col 57}{space 4} 726.8931{col 70}{space 3} 952.7394
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 854.3863{col 29}{space 2} 62.49971{col 40}{space 1}   13.67{col 49}{space 3}0.000{col 57}{space 4} 731.7101{col 70}{space 3} 977.0626
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 831.3242{col 29}{space 2} 64.99512{col 40}{space 1}   12.79{col 49}{space 3}0.000{col 57}{space 4} 703.7498{col 70}{space 3} 958.8985
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 875.5579{col 29}{space 2} 66.77066{col 40}{space 1}   13.11{col 49}{space 3}0.000{col 57}{space 4} 744.4985{col 70}{space 3} 1006.617
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 838.1984{col 29}{space 2} 76.79375{col 40}{space 1}   10.91{col 49}{space 3}0.000{col 57}{space 4} 687.4654{col 70}{space 3} 988.9315
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 717.1251{col 29}{space 2} 75.74062{col 40}{space 1}    9.47{col 49}{space 3}0.000{col 57}{space 4} 568.4592{col 70}{space 3} 865.7911
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 804.5283{col 29}{space 2} 72.23549{col 40}{space 1}   11.14{col 49}{space 3}0.000{col 57}{space 4} 662.7423{col 70}{space 3} 946.3142
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1104.592{col 29}{space 2} 76.58511{col 40}{space 1}   14.42{col 49}{space 3}0.000{col 57}{space 4} 954.2687{col 70}{space 3} 1254.916
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1075.599{col 29}{space 2} 86.29259{col 40}{space 1}   12.46{col 49}{space 3}0.000{col 57}{space 4} 906.2217{col 70}{space 3} 1244.977
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 506.7494{col 29}{space 2} 93.18457{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4}  323.844{col 70}{space 3} 689.6549
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 530.4282{col 29}{space 2}  98.6695{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 336.7568{col 70}{space 3} 724.0997
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}  1026.67{col 29}{space 2} 89.05203{col 40}{space 1}   11.53{col 49}{space 3}0.000{col 57}{space 4} 851.8762{col 70}{space 3} 1201.464
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}   914.18{col 29}{space 2} 93.75951{col 40}{space 1}    9.75{col 49}{space 3}0.000{col 57}{space 4} 730.1461{col 70}{space 3} 1098.214
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1057.812{col 29}{space 2} 98.10962{col 40}{space 1}   10.78{col 49}{space 3}0.000{col 57}{space 4} 865.2396{col 70}{space 3} 1250.385
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 660.9357{col 29}{space 2} 106.3228{col 40}{space 1}    6.22{col 49}{space 3}0.000{col 57}{space 4} 452.2421{col 70}{space 3} 869.6293
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 374.9003{col 29}{space 2} 109.3236{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 160.3167{col 70}{space 3}  589.484
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 802.2563{col 29}{space 2}  107.178{col 40}{space 1}    7.49{col 49}{space 3}0.000{col 57}{space 4} 591.8841{col 70}{space 3} 1012.628
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 651.0391{col 29}{space 2}  99.6743{col 40}{space 1}    6.53{col 49}{space 3}0.000{col 57}{space 4} 455.3954{col 70}{space 3} 846.6828
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 851.5389{col 29}{space 2} 116.7934{col 40}{space 1}    7.29{col 49}{space 3}0.000{col 57}{space 4} 622.2934{col 70}{space 3} 1080.784
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1219.017{col 29}{space 2} 107.3401{col 40}{space 1}   11.36{col 49}{space 3}0.000{col 57}{space 4} 1008.326{col 70}{space 3} 1429.707
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 933.0269{col 29}{space 2} 110.8066{col 40}{space 1}    8.42{col 49}{space 3}0.000{col 57}{space 4} 715.5324{col 70}{space 3} 1150.521
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 923.9848{col 29}{space 2} 127.1895{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 674.3334{col 70}{space 3} 1173.636
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 809.8212{col 29}{space 2} 125.4212{col 40}{space 1}    6.46{col 49}{space 3}0.000{col 57}{space 4} 563.6407{col 70}{space 3} 1056.002
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1037.483{col 29}{space 2} 116.4726{col 40}{space 1}    8.91{col 49}{space 3}0.000{col 57}{space 4} 808.8669{col 70}{space 3} 1266.099
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 975.7694{col 29}{space 2} 120.2267{col 40}{space 1}    8.12{col 49}{space 3}0.000{col 57}{space 4} 739.7848{col 70}{space 3} 1211.754
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 742.7852{col 29}{space 2} 125.7171{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 496.0239{col 70}{space 3} 989.5465
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 647.9896{col 29}{space 2} 126.5906{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} 399.5138{col 70}{space 3} 896.4655
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1044.047{col 29}{space 2} 120.8557{col 40}{space 1}    8.64{col 49}{space 3}0.000{col 57}{space 4} 806.8279{col 70}{space 3} 1281.266
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 809.4213{col 29}{space 2} 123.7769{col 40}{space 1}    6.54{col 49}{space 3}0.000{col 57}{space 4} 566.4684{col 70}{space 3} 1052.374
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 998.9106{col 29}{space 2}  125.546{col 40}{space 1}    7.96{col 49}{space 3}0.000{col 57}{space 4} 752.4852{col 70}{space 3} 1245.336
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 922.6483{col 29}{space 2} 128.9041{col 40}{space 1}    7.16{col 49}{space 3}0.000{col 57}{space 4} 669.6315{col 70}{space 3} 1175.665
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 971.0653{col 29}{space 2} 128.3253{col 40}{space 1}    7.57{col 49}{space 3}0.000{col 57}{space 4} 719.1846{col 70}{space 3} 1222.946
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1054.757{col 29}{space 2} 133.0346{col 40}{space 1}    7.93{col 49}{space 3}0.000{col 57}{space 4} 793.6326{col 70}{space 3} 1315.881
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1320.578{col 29}{space 2} 136.1138{col 40}{space 1}    9.70{col 49}{space 3}0.000{col 57}{space 4}  1053.41{col 70}{space 3} 1587.746
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 992.9143{col 29}{space 2}  141.042{col 40}{space 1}    7.04{col 49}{space 3}0.000{col 57}{space 4} 716.0729{col 70}{space 3} 1269.756
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1194.728{col 29}{space 2} 150.7348{col 40}{space 1}    7.93{col 49}{space 3}0.000{col 57}{space 4} 898.8611{col 70}{space 3} 1490.595
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 992.1755{col 29}{space 2} 157.5609{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 682.9103{col 70}{space 3} 1301.441
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 798.6278{col 29}{space 2} 151.7763{col 40}{space 1}    5.26{col 49}{space 3}0.000{col 57}{space 4} 500.7167{col 70}{space 3} 1096.539
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 892.6269{col 29}{space 2} 144.3949{col 40}{space 1}    6.18{col 49}{space 3}0.000{col 57}{space 4} 609.2043{col 70}{space 3} 1176.049
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1176.578{col 29}{space 2} 155.6778{col 40}{space 1}    7.56{col 49}{space 3}0.000{col 57}{space 4} 871.0088{col 70}{space 3} 1482.147
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1099.202{col 29}{space 2} 159.9788{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4}  785.191{col 70}{space 3} 1413.213
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1314.116{col 29}{space 2} 188.3912{col 40}{space 1}    6.98{col 49}{space 3}0.000{col 57}{space 4} 944.3358{col 70}{space 3} 1683.896
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1157.636{col 29}{space 2} 168.1989{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 827.4902{col 70}{space 3} 1487.782
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 966.9817{col 29}{space 2} 218.2784{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 538.5383{col 70}{space 3} 1395.425
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 203.3742{col 29}{space 2}  190.141{col 40}{space 1}    1.07{col 49}{space 3}0.285{col 57}{space 4}-169.8401{col 70}{space 3} 576.5885
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1021.842{col 29}{space 2} 171.0343{col 40}{space 1}    5.97{col 49}{space 3}0.000{col 57}{space 4} 686.1305{col 70}{space 3} 1357.553
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-205.3714{col 29}{space 2} 78.35809{col 40}{space 1}   -2.62{col 49}{space 3}0.009{col 57}{space 4} -359.175{col 70}{space 3}-51.56782
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4311incols!=. & nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       910
{txt}{hline 13}{c +}{hline 34}   F(80, 829)      = {res}    22.54
{txt}       Model {c |} {res}   46727689        80  584096.113   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 21485166.4       829  25916.9679   {txt}R-squared       ={res}    0.6850
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6546
{txt}       Total {c |} {res} 68212855.4       909  75041.6451   {txt}Root MSE        =   {res} 160.99

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0472765{col 29}{space 2} .0109738{col 40}{space 1}   -4.31{col 49}{space 3}0.000{col 57}{space 4}-.0688161{col 70}{space 3}-.0257368
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.040638{col 29}{space 2} .4297679{col 40}{space 1}    2.42{col 49}{space 3}0.016{col 57}{space 4}  .197077{col 70}{space 3} 1.884199
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .5287058{col 29}{space 2} .9266757{col 40}{space 1}    0.57{col 49}{space 3}0.568{col 57}{space 4}-1.290201{col 70}{space 3} 2.347613
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-14.44095{col 29}{space 2} 28.59665{col 40}{space 1}   -0.50{col 49}{space 3}0.614{col 57}{space 4} -70.5713{col 70}{space 3}  41.6894
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 80.23874{col 29}{space 2} 36.14446{col 40}{space 1}    2.22{col 49}{space 3}0.027{col 57}{space 4} 9.293326{col 70}{space 3} 151.1842
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 42.37682{col 29}{space 2} 30.30881{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4}-17.11421{col 70}{space 3} 101.8679
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-42.79671{col 29}{space 2}  32.6192{col 40}{space 1}   -1.31{col 49}{space 3}0.190{col 57}{space 4}-106.8227{col 70}{space 3} 21.22922
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 36.80814{col 29}{space 2} 28.64987{col 40}{space 1}    1.28{col 49}{space 3}0.199{col 57}{space 4}-19.42668{col 70}{space 3} 93.04295
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-57.99409{col 29}{space 2} 30.92914{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-118.7027{col 70}{space 3} 2.714535
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 27.99956{col 29}{space 2} 29.75216{col 40}{space 1}    0.94{col 49}{space 3}0.347{col 57}{space 4}-30.39886{col 70}{space 3} 86.39799
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 14.93692{col 29}{space 2} 30.56808{col 40}{space 1}    0.49{col 49}{space 3}0.625{col 57}{space 4}-45.06301{col 70}{space 3} 74.93685
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-17.80363{col 29}{space 2} 28.70695{col 40}{space 1}   -0.62{col 49}{space 3}0.535{col 57}{space 4}-74.15048{col 70}{space 3} 38.54322
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-12.54225{col 29}{space 2} 32.71541{col 40}{space 1}   -0.38{col 49}{space 3}0.702{col 57}{space 4}-76.75704{col 70}{space 3} 51.67254
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 74.38598{col 29}{space 2} 33.21483{col 40}{space 1}    2.24{col 49}{space 3}0.025{col 57}{space 4} 9.190925{col 70}{space 3}  139.581
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 163.8728{col 29}{space 2} 39.01482{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 87.29335{col 70}{space 3} 240.4522
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-53.60022{col 29}{space 2} 30.69609{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-113.8514{col 70}{space 3}  6.65097
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-2.511193{col 29}{space 2} 61.00434{col 40}{space 1}   -0.04{col 49}{space 3}0.967{col 57}{space 4}-122.2523{col 70}{space 3} 117.2299
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 494.4648{col 29}{space 2} 61.43932{col 40}{space 1}    8.05{col 49}{space 3}0.000{col 57}{space 4} 373.8699{col 70}{space 3} 615.0597
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 325.3778{col 29}{space 2} 61.26599{col 40}{space 1}    5.31{col 49}{space 3}0.000{col 57}{space 4} 205.1231{col 70}{space 3} 445.6325
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  595.947{col 29}{space 2} 61.26427{col 40}{space 1}    9.73{col 49}{space 3}0.000{col 57}{space 4} 475.6957{col 70}{space 3} 716.1983
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 551.3383{col 29}{space 2}  61.0273{col 40}{space 1}    9.03{col 49}{space 3}0.000{col 57}{space 4} 431.5521{col 70}{space 3} 671.1245
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 560.4129{col 29}{space 2} 60.92827{col 40}{space 1}    9.20{col 49}{space 3}0.000{col 57}{space 4} 440.8211{col 70}{space 3} 680.0047
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}  553.251{col 29}{space 2}  60.9064{col 40}{space 1}    9.08{col 49}{space 3}0.000{col 57}{space 4} 433.7021{col 70}{space 3} 672.7999
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 350.7766{col 29}{space 2} 60.86091{col 40}{space 1}    5.76{col 49}{space 3}0.000{col 57}{space 4}  231.317{col 70}{space 3} 470.2362
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 736.4216{col 29}{space 2} 60.86684{col 40}{space 1}   12.10{col 49}{space 3}0.000{col 57}{space 4} 616.9504{col 70}{space 3} 855.8929
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 639.5248{col 29}{space 2} 61.01352{col 40}{space 1}   10.48{col 49}{space 3}0.000{col 57}{space 4} 519.7656{col 70}{space 3} 759.2839
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 419.5504{col 29}{space 2} 61.25434{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 299.3186{col 70}{space 3} 539.7823
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 454.9093{col 29}{space 2} 61.16023{col 40}{space 1}    7.44{col 49}{space 3}0.000{col 57}{space 4} 334.8622{col 70}{space 3} 574.9564
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 632.8011{col 29}{space 2} 61.38368{col 40}{space 1}   10.31{col 49}{space 3}0.000{col 57}{space 4} 512.3153{col 70}{space 3} 753.2868
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 447.9195{col 29}{space 2} 61.65518{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 326.9008{col 70}{space 3} 568.9381
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 579.7376{col 29}{space 2}  61.6811{col 40}{space 1}    9.40{col 49}{space 3}0.000{col 57}{space 4} 458.6681{col 70}{space 3} 700.8071
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 635.8153{col 29}{space 2} 61.85551{col 40}{space 1}   10.28{col 49}{space 3}0.000{col 57}{space 4} 514.4035{col 70}{space 3} 757.2272
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 670.4221{col 29}{space 2} 62.26255{col 40}{space 1}   10.77{col 49}{space 3}0.000{col 57}{space 4} 548.2113{col 70}{space 3} 792.6329
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 768.7028{col 29}{space 2} 62.61966{col 40}{space 1}   12.28{col 49}{space 3}0.000{col 57}{space 4}  645.791{col 70}{space 3} 891.6145
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 839.8163{col 29}{space 2} 63.36895{col 40}{space 1}   13.25{col 49}{space 3}0.000{col 57}{space 4} 715.4338{col 70}{space 3} 964.1987
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 854.3863{col 29}{space 2}  64.6157{col 40}{space 1}   13.22{col 49}{space 3}0.000{col 57}{space 4} 727.5567{col 70}{space 3}  981.216
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 831.3242{col 29}{space 2}  66.6507{col 40}{space 1}   12.47{col 49}{space 3}0.000{col 57}{space 4} 700.5002{col 70}{space 3} 962.1481
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 875.5579{col 29}{space 2} 66.79298{col 40}{space 1}   13.11{col 49}{space 3}0.000{col 57}{space 4} 744.4547{col 70}{space 3} 1006.661
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 838.1984{col 29}{space 2} 68.45684{col 40}{space 1}   12.24{col 49}{space 3}0.000{col 57}{space 4} 703.8293{col 70}{space 3} 972.5675
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 717.1251{col 29}{space 2} 69.95426{col 40}{space 1}   10.25{col 49}{space 3}0.000{col 57}{space 4} 579.8168{col 70}{space 3} 854.4334
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 804.5283{col 29}{space 2} 70.96822{col 40}{space 1}   11.34{col 49}{space 3}0.000{col 57}{space 4} 665.2297{col 70}{space 3} 943.8268
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1104.592{col 29}{space 2} 72.52601{col 40}{space 1}   15.23{col 49}{space 3}0.000{col 57}{space 4}  962.236{col 70}{space 3} 1246.948
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1075.599{col 29}{space 2} 75.98165{col 40}{space 1}   14.16{col 49}{space 3}0.000{col 57}{space 4} 926.4604{col 70}{space 3} 1224.738
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 506.7494{col 29}{space 2} 78.78496{col 40}{space 1}    6.43{col 49}{space 3}0.000{col 57}{space 4}  352.108{col 70}{space 3} 661.3909
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 530.4282{col 29}{space 2} 78.82996{col 40}{space 1}    6.73{col 49}{space 3}0.000{col 57}{space 4} 375.6985{col 70}{space 3}  685.158
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}  1026.67{col 29}{space 2} 78.41883{col 40}{space 1}   13.09{col 49}{space 3}0.000{col 57}{space 4} 872.7474{col 70}{space 3} 1180.593
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}   914.18{col 29}{space 2} 81.51751{col 40}{space 1}   11.21{col 49}{space 3}0.000{col 57}{space 4} 754.1751{col 70}{space 3} 1074.185
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1057.812{col 29}{space 2}  83.7121{col 40}{space 1}   12.64{col 49}{space 3}0.000{col 57}{space 4} 893.4995{col 70}{space 3} 1222.125
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 660.9357{col 29}{space 2} 86.78114{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 490.5991{col 70}{space 3} 831.2723
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 374.9003{col 29}{space 2} 86.34278{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 205.4242{col 70}{space 3} 544.3765
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 802.2563{col 29}{space 2} 84.00802{col 40}{space 1}    9.55{col 49}{space 3}0.000{col 57}{space 4} 637.3628{col 70}{space 3} 967.1497
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 651.0391{col 29}{space 2} 84.88618{col 40}{space 1}    7.67{col 49}{space 3}0.000{col 57}{space 4}  484.422{col 70}{space 3} 817.6562
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 851.5389{col 29}{space 2} 85.00136{col 40}{space 1}   10.02{col 49}{space 3}0.000{col 57}{space 4} 684.6957{col 70}{space 3} 1018.382
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 1219.017{col 29}{space 2} 86.69656{col 40}{space 1}   14.06{col 49}{space 3}0.000{col 57}{space 4} 1048.846{col 70}{space 3} 1389.187
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 933.0269{col 29}{space 2} 91.17811{col 40}{space 1}   10.23{col 49}{space 3}0.000{col 57}{space 4} 754.0598{col 70}{space 3} 1111.994
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 923.9848{col 29}{space 2} 92.33691{col 40}{space 1}   10.01{col 49}{space 3}0.000{col 57}{space 4} 742.7432{col 70}{space 3} 1105.226
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 809.8212{col 29}{space 2} 94.22489{col 40}{space 1}    8.59{col 49}{space 3}0.000{col 57}{space 4} 624.8738{col 70}{space 3} 994.7686
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 1037.483{col 29}{space 2} 94.88249{col 40}{space 1}   10.93{col 49}{space 3}0.000{col 57}{space 4} 851.2447{col 70}{space 3} 1223.721
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 975.7694{col 29}{space 2} 97.64205{col 40}{space 1}    9.99{col 49}{space 3}0.000{col 57}{space 4} 784.1147{col 70}{space 3} 1167.424
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 742.7852{col 29}{space 2} 99.63751{col 40}{space 1}    7.45{col 49}{space 3}0.000{col 57}{space 4} 547.2138{col 70}{space 3} 938.3567
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 647.9896{col 29}{space 2} 99.70645{col 40}{space 1}    6.50{col 49}{space 3}0.000{col 57}{space 4} 452.2828{col 70}{space 3} 843.6964
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1044.047{col 29}{space 2} 98.94023{col 40}{space 1}   10.55{col 49}{space 3}0.000{col 57}{space 4} 849.8442{col 70}{space 3}  1238.25
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 809.4213{col 29}{space 2} 101.5264{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 610.1423{col 70}{space 3}   1008.7
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 998.9106{col 29}{space 2} 101.9041{col 40}{space 1}    9.80{col 49}{space 3}0.000{col 57}{space 4} 798.8901{col 70}{space 3} 1198.931
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 922.6483{col 29}{space 2} 104.5052{col 40}{space 1}    8.83{col 49}{space 3}0.000{col 57}{space 4} 717.5225{col 70}{space 3} 1127.774
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 971.0653{col 29}{space 2} 104.7713{col 40}{space 1}    9.27{col 49}{space 3}0.000{col 57}{space 4}  765.417{col 70}{space 3} 1176.713
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 1054.757{col 29}{space 2} 106.6203{col 40}{space 1}    9.89{col 49}{space 3}0.000{col 57}{space 4} 845.4794{col 70}{space 3} 1264.035
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1320.578{col 29}{space 2} 109.2805{col 40}{space 1}   12.08{col 49}{space 3}0.000{col 57}{space 4} 1106.079{col 70}{space 3} 1535.077
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 992.9143{col 29}{space 2} 114.3471{col 40}{space 1}    8.68{col 49}{space 3}0.000{col 57}{space 4} 768.4704{col 70}{space 3} 1217.358
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1194.728{col 29}{space 2} 116.2864{col 40}{space 1}   10.27{col 49}{space 3}0.000{col 57}{space 4} 966.4775{col 70}{space 3} 1422.978
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 992.1755{col 29}{space 2} 119.8666{col 40}{space 1}    8.28{col 49}{space 3}0.000{col 57}{space 4} 756.8977{col 70}{space 3} 1227.453
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 798.6278{col 29}{space 2} 121.4091{col 40}{space 1}    6.58{col 49}{space 3}0.000{col 57}{space 4} 560.3224{col 70}{space 3} 1036.933
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 892.6269{col 29}{space 2} 121.1814{col 40}{space 1}    7.37{col 49}{space 3}0.000{col 57}{space 4} 654.7684{col 70}{space 3} 1130.485
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1176.578{col 29}{space 2} 121.6452{col 40}{space 1}    9.67{col 49}{space 3}0.000{col 57}{space 4} 937.8089{col 70}{space 3} 1415.347
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 1099.202{col 29}{space 2} 124.8749{col 40}{space 1}    8.80{col 49}{space 3}0.000{col 57}{space 4} 854.0941{col 70}{space 3}  1344.31
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1314.116{col 29}{space 2} 127.2424{col 40}{space 1}   10.33{col 49}{space 3}0.000{col 57}{space 4} 1064.361{col 70}{space 3} 1563.871
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1157.636{col 29}{space 2} 131.6192{col 40}{space 1}    8.80{col 49}{space 3}0.000{col 57}{space 4} 899.2899{col 70}{space 3} 1415.982
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 966.9817{col 29}{space 2} 134.3013{col 40}{space 1}    7.20{col 49}{space 3}0.000{col 57}{space 4}  703.371{col 70}{space 3} 1230.592
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 203.3742{col 29}{space 2}  135.021{col 40}{space 1}    1.51{col 49}{space 3}0.132{col 57}{space 4}-61.64901{col 70}{space 3} 468.3974
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 1021.842{col 29}{space 2} 128.5865{col 40}{space 1}    7.95{col 49}{space 3}0.000{col 57}{space 4} 769.4484{col 70}{space 3} 1274.235
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-205.3714{col 29}{space 2} 65.65419{col 40}{space 1}   -3.13{col 49}{space 3}0.002{col 57}{space 4}-334.2394{col 70}{space 3} -76.5034
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       910{col 27}-6398.472{col 38}-5872.824{col 49}    81{col 58} 11907.65{col 69} 12297.54
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4311pc!=. & nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       910
{txt}maximum lag: {res}8{col 49}{txt}F( 80,       829){col 67}= {res}      3.58
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0982982{col 29}{space 2} .0171245{col 40}{space 1}   -5.74{col 49}{space 3}0.000{col 57}{space 4}-.1319107{col 70}{space 3}-.0646858
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0009778{col 29}{space 2} .0004186{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4}  .000156{col 70}{space 3} .0017995
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0007424{col 29}{space 2} .0013219{col 40}{space 1}    0.56{col 49}{space 3}0.575{col 57}{space 4}-.0018523{col 70}{space 3} .0033371
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.1232469{col 29}{space 2} .9151912{col 40}{space 1}   -0.13{col 49}{space 3}0.893{col 57}{space 4}-1.919611{col 70}{space 3} 1.673118
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .1071124{col 29}{space 2} 1.473176{col 40}{space 1}    0.07{col 49}{space 3}0.942{col 57}{space 4}-2.784482{col 70}{space 3} 2.998707
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.0941027{col 29}{space 2} .7259139{col 40}{space 1}   -0.13{col 49}{space 3}0.897{col 57}{space 4}-1.518948{col 70}{space 3} 1.330743
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.856203{col 29}{space 2} 1.005999{col 40}{space 1}    2.84{col 49}{space 3}0.005{col 57}{space 4} .8815979{col 70}{space 3} 4.830807
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1800091{col 29}{space 2} .8984262{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-1.943467{col 70}{space 3} 1.583449
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.363303{col 29}{space 2} .9833484{col 40}{space 1}    1.39{col 49}{space 3}0.166{col 57}{space 4}-.5668422{col 70}{space 3} 3.293449
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .842652{col 29}{space 2} .7984007{col 40}{space 1}    1.06{col 49}{space 3}0.292{col 57}{space 4}-.7244726{col 70}{space 3} 2.409777
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.023021{col 29}{space 2}  .982917{col 40}{space 1}    1.04{col 49}{space 3}0.298{col 57}{space 4}-.9062772{col 70}{space 3}  2.95232
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.265999{col 29}{space 2} .8241873{col 40}{space 1}    1.54{col 49}{space 3}0.125{col 57}{space 4}-.3517405{col 70}{space 3} 2.883738
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.899917{col 29}{space 2} 1.190827{col 40}{space 1}    2.44{col 49}{space 3}0.015{col 57}{space 4} .5625272{col 70}{space 3} 5.237307
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.4136389{col 29}{space 2} 1.135319{col 40}{space 1}   -0.36{col 49}{space 3}0.716{col 57}{space 4}-2.642078{col 70}{space 3}   1.8148
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.2244693{col 29}{space 2} 1.054266{col 40}{space 1}   -0.21{col 49}{space 3}0.831{col 57}{space 4}-2.293814{col 70}{space 3} 1.844875
{txt}{space 12}54  {c |}{col 17}{res}{space 2}  1.44362{col 29}{space 2} 1.181423{col 40}{space 1}    1.22{col 49}{space 3}0.222{col 57}{space 4}-.8753121{col 70}{space 3} 3.762552
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} .9165715{col 29}{space 2} 1.345893{col 40}{space 1}    0.68{col 49}{space 3}0.496{col 57}{space 4}-1.725187{col 70}{space 3}  3.55833
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} .1476531{col 29}{space 2} .8001999{col 40}{space 1}    0.18{col 49}{space 3}0.854{col 57}{space 4}-1.423003{col 70}{space 3} 1.718309
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.075545{col 29}{space 2} 1.882422{col 40}{space 1}   -1.10{col 49}{space 3}0.271{col 57}{space 4}-5.770419{col 70}{space 3} 1.619328
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.379745{col 29}{space 2}  1.51803{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4} -4.35938{col 70}{space 3} 1.599889
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} .1848721{col 29}{space 2} .9575316{col 40}{space 1}    0.19{col 49}{space 3}0.847{col 57}{space 4}-1.694599{col 70}{space 3} 2.064344
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .3645263{col 29}{space 2} 1.043181{col 40}{space 1}    0.35{col 49}{space 3}0.727{col 57}{space 4} -1.68306{col 70}{space 3} 2.412113
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.728884{col 29}{space 2} 1.224673{col 40}{space 1}    1.41{col 49}{space 3}0.158{col 57}{space 4}-.6749407{col 70}{space 3} 4.132708
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.7308822{col 29}{space 2} .8564849{col 40}{space 1}   -0.85{col 49}{space 3}0.394{col 57}{space 4}-2.412016{col 70}{space 3} .9502519
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.585635{col 29}{space 2} 1.430491{col 40}{space 1}   -1.11{col 49}{space 3}0.268{col 57}{space 4}-4.393445{col 70}{space 3} 1.222176
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-.8163461{col 29}{space 2} 1.011809{col 40}{space 1}   -0.81{col 49}{space 3}0.420{col 57}{space 4}-2.802355{col 70}{space 3} 1.169663
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.589395{col 29}{space 2} 1.992065{col 40}{space 1}    0.80{col 49}{space 3}0.425{col 57}{space 4}-2.320689{col 70}{space 3} 5.499478
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.2754573{col 29}{space 2} .9499141{col 40}{space 1}   -0.29{col 49}{space 3}0.772{col 57}{space 4}-2.139977{col 70}{space 3} 1.589062
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-5.769053{col 29}{space 2} 2.567669{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-10.80895{col 70}{space 3}-.7291559
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-1.969006{col 29}{space 2} .9572097{col 40}{space 1}   -2.06{col 49}{space 3}0.040{col 57}{space 4}-3.847846{col 70}{space 3}-.0901667
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .2978222{col 29}{space 2} 1.415452{col 40}{space 1}    0.21{col 49}{space 3}0.833{col 57}{space 4} -2.48047{col 70}{space 3} 3.076114
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.9561302{col 29}{space 2} 1.332921{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-3.572427{col 70}{space 3} 1.660167
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.713725{col 29}{space 2} 1.676567{col 40}{space 1}    1.02{col 49}{space 3}0.307{col 57}{space 4} -1.57709{col 70}{space 3}  5.00454
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1.062068{col 29}{space 2} 2.130375{col 40}{space 1}    0.50{col 49}{space 3}0.618{col 57}{space 4}-3.119496{col 70}{space 3} 5.243632
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.367273{col 29}{space 2} 2.655491{col 40}{space 1}   -0.89{col 49}{space 3}0.373{col 57}{space 4} -7.57955{col 70}{space 3} 2.845004
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-.7914982{col 29}{space 2} 1.735693{col 40}{space 1}   -0.46{col 49}{space 3}0.649{col 57}{space 4}-4.198369{col 70}{space 3} 2.615372
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 9.591301{col 29}{space 2} 4.971829{col 40}{space 1}    1.93{col 49}{space 3}0.054{col 57}{space 4}-.1675533{col 70}{space 3} 19.35015
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-.2526495{col 29}{space 2}  2.18492{col 40}{space 1}   -0.12{col 49}{space 3}0.908{col 57}{space 4}-4.541276{col 70}{space 3} 4.035977
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .3810118{col 29}{space 2} 3.216235{col 40}{space 1}    0.12{col 49}{space 3}0.906{col 57}{space 4} -5.93191{col 70}{space 3} 6.693934
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-1.051572{col 29}{space 2} 2.244662{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-5.457462{col 70}{space 3} 3.354317
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-4.314273{col 29}{space 2} 2.302994{col 40}{space 1}   -1.87{col 49}{space 3}0.061{col 57}{space 4}-8.834658{col 70}{space 3} .2061127
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-3.475852{col 29}{space 2} 2.526569{col 40}{space 1}   -1.38{col 49}{space 3}0.169{col 57}{space 4}-8.435077{col 70}{space 3} 1.483374
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 2.831176{col 29}{space 2} 2.914044{col 40}{space 1}    0.97{col 49}{space 3}0.332{col 57}{space 4}-2.888596{col 70}{space 3} 8.550948
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-3.029059{col 29}{space 2} 2.329887{col 40}{space 1}   -1.30{col 49}{space 3}0.194{col 57}{space 4} -7.60223{col 70}{space 3} 1.544113
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -11.9211{col 29}{space 2} 4.465053{col 40}{space 1}   -2.67{col 49}{space 3}0.008{col 57}{space 4}-20.68524{col 70}{space 3}-3.156965
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.740707{col 29}{space 2} 2.630518{col 40}{space 1}   -1.80{col 49}{space 3}0.072{col 57}{space 4}-9.903966{col 70}{space 3} .4225518
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-5.784075{col 29}{space 2} 2.679684{col 40}{space 1}   -2.16{col 49}{space 3}0.031{col 57}{space 4}-11.04384{col 70}{space 3}-.5243116
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.388074{col 29}{space 2} 2.799695{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-9.883398{col 70}{space 3}  1.10725
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-.3359067{col 29}{space 2} 3.287214{col 40}{space 1}   -0.10{col 49}{space 3}0.919{col 57}{space 4}-6.788148{col 70}{space 3} 6.116335
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-2.497418{col 29}{space 2} 2.585562{col 40}{space 1}   -0.97{col 49}{space 3}0.334{col 57}{space 4}-7.572437{col 70}{space 3}   2.5776
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} .0129417{col 29}{space 2} 2.973544{col 40}{space 1}    0.00{col 49}{space 3}0.997{col 57}{space 4}-5.823619{col 70}{space 3} 5.849503
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-2.972691{col 29}{space 2} 2.646507{col 40}{space 1}   -1.12{col 49}{space 3}0.262{col 57}{space 4}-8.167333{col 70}{space 3}  2.22195
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -6.43534{col 29}{space 2} 3.540634{col 40}{space 1}   -1.82{col 49}{space 3}0.069{col 57}{space 4}  -13.385{col 70}{space 3} .5143212
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.323576{col 29}{space 2} 3.039144{col 40}{space 1}   -1.42{col 49}{space 3}0.155{col 57}{space 4} -10.2889{col 70}{space 3} 1.641746
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  4.09448{col 29}{space 2} 3.736328{col 40}{space 1}    1.10{col 49}{space 3}0.273{col 57}{space 4}-3.239296{col 70}{space 3} 11.42826
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.180809{col 29}{space 2} 3.071322{col 40}{space 1}   -1.36{col 49}{space 3}0.174{col 57}{space 4}-10.20929{col 70}{space 3} 1.847674
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-.6563231{col 29}{space 2} 3.572376{col 40}{space 1}   -0.18{col 49}{space 3}0.854{col 57}{space 4}-7.668289{col 70}{space 3} 6.355643
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.917639{col 29}{space 2} 3.235403{col 40}{space 1}   -1.21{col 49}{space 3}0.226{col 57}{space 4}-10.26818{col 70}{space 3} 2.432907
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.540985{col 29}{space 2} 3.753115{col 40}{space 1}   -0.41{col 49}{space 3}0.681{col 57}{space 4}-8.907711{col 70}{space 3}  5.82574
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.327713{col 29}{space 2} 3.328591{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4} -9.86117{col 70}{space 3} 3.205745
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-3.049504{col 29}{space 2} 3.634428{col 40}{space 1}   -0.84{col 49}{space 3}0.402{col 57}{space 4}-10.18327{col 70}{space 3} 4.084258
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.942222{col 29}{space 2} 3.707408{col 40}{space 1}   -0.52{col 49}{space 3}0.601{col 57}{space 4}-9.219233{col 70}{space 3} 5.334789
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.3327273{col 29}{space 2} 3.927625{col 40}{space 1}   -0.08{col 49}{space 3}0.933{col 57}{space 4}-8.041987{col 70}{space 3} 7.376532
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-2.566604{col 29}{space 2} 3.623814{col 40}{space 1}   -0.71{col 49}{space 3}0.479{col 57}{space 4}-9.679533{col 70}{space 3} 4.546325
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.361804{col 29}{space 2} 4.152828{col 40}{space 1}    2.25{col 49}{space 3}0.024{col 57}{space 4}  1.21051{col 70}{space 3}  17.5131
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} .0886207{col 29}{space 2} 4.163746{col 40}{space 1}    0.02{col 49}{space 3}0.983{col 57}{space 4}-8.084103{col 70}{space 3} 8.261345
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.997867{col 29}{space 2} 3.867172{col 40}{space 1}   -0.52{col 49}{space 3}0.606{col 57}{space 4}-9.588468{col 70}{space 3} 5.592733
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-3.458626{col 29}{space 2}  3.95273{col 40}{space 1}   -0.87{col 49}{space 3}0.382{col 57}{space 4}-11.21716{col 70}{space 3} 4.299909
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -5.75594{col 29}{space 2} 4.468201{col 40}{space 1}   -1.29{col 49}{space 3}0.198{col 57}{space 4}-14.52626{col 70}{space 3} 3.014377
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-3.911443{col 29}{space 2} 4.063454{col 40}{space 1}   -0.96{col 49}{space 3}0.336{col 57}{space 4}-11.88731{col 70}{space 3} 4.064424
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-2.370108{col 29}{space 2}  4.40838{col 40}{space 1}   -0.54{col 49}{space 3}0.591{col 57}{space 4}-11.02301{col 70}{space 3} 6.282792
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-5.394379{col 29}{space 2} 3.850381{col 40}{space 1}   -1.40{col 49}{space 3}0.162{col 57}{space 4}-12.95202{col 70}{space 3} 2.163262
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.479056{col 29}{space 2} 4.630344{col 40}{space 1}   -0.32{col 49}{space 3}0.749{col 57}{space 4}-10.56763{col 70}{space 3}  7.60952
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-3.844899{col 29}{space 2} 4.326083{col 40}{space 1}   -0.89{col 49}{space 3}0.374{col 57}{space 4}-12.33626{col 70}{space 3} 4.646465
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-3.416331{col 29}{space 2} 4.700172{col 40}{space 1}   -0.73{col 49}{space 3}0.468{col 57}{space 4}-12.64197{col 70}{space 3} 5.809307
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-4.838908{col 29}{space 2} 4.633488{col 40}{space 1}   -1.04{col 49}{space 3}0.297{col 57}{space 4}-13.93366{col 70}{space 3} 4.255839
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-5.146845{col 29}{space 2} 5.022515{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-15.00519{col 70}{space 3} 4.711496
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.057302{col 29}{space 2} 4.912699{col 40}{space 1}   -0.83{col 49}{space 3}0.409{col 57}{space 4}-13.70009{col 70}{space 3}  5.58549
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-5.292771{col 29}{space 2} 4.832143{col 40}{space 1}   -1.10{col 49}{space 3}0.274{col 57}{space 4}-14.77744{col 70}{space 3} 4.191901
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -6.63319{col 29}{space 2} 5.708712{col 40}{space 1}   -1.16{col 49}{space 3}0.246{col 57}{space 4}-17.83842{col 70}{space 3} 4.572039
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-3.805087{col 29}{space 2} 1.836148{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-7.409133{col 70}{space 3}-.2010411
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4311pcols!=. & nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       910
{txt}{hline 13}{c +}{hline 34}   F(80, 829)      = {res}     3.84
{txt}       Model {c |} {res} 11168.4751        80  139.605939   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 30168.8045       829  36.3918027   {txt}R-squared       ={res}    0.2702
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1998
{txt}       Total {c |} {res} 41337.2796       909  45.4755551   {txt}Root MSE        =   {res} 6.0326

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0982982{col 29}{space 2} .0157965{col 40}{space 1}   -6.22{col 49}{space 3}0.000{col 57}{space 4} -.129304{col 70}{space 3}-.0672924
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0009778{col 29}{space 2} .0004144{col 40}{space 1}    2.36{col 49}{space 3}0.019{col 57}{space 4} .0001644{col 70}{space 3} .0017912
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0007424{col 29}{space 2} .0013012{col 40}{space 1}    0.57{col 49}{space 3}0.568{col 57}{space 4}-.0018117{col 70}{space 3} .0032964
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-.1232469{col 29}{space 2} 1.071737{col 40}{space 1}   -0.11{col 49}{space 3}0.908{col 57}{space 4}-2.226884{col 70}{space 3}  1.98039
{txt}{space 12}12  {c |}{col 17}{res}{space 2} .1071124{col 29}{space 2} 1.358429{col 40}{space 1}    0.08{col 49}{space 3}0.937{col 57}{space 4}-2.559252{col 70}{space 3} 2.773476
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.0941027{col 29}{space 2} 1.137073{col 40}{space 1}   -0.08{col 49}{space 3}0.934{col 57}{space 4}-2.325983{col 70}{space 3} 2.137777
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.856203{col 29}{space 2} 1.219555{col 40}{space 1}    2.34{col 49}{space 3}0.019{col 57}{space 4} .4624236{col 70}{space 3} 5.249982
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1800091{col 29}{space 2} 1.074625{col 40}{space 1}   -0.17{col 49}{space 3}0.867{col 57}{space 4}-2.289315{col 70}{space 3} 1.929297
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.363303{col 29}{space 2} 1.160474{col 40}{space 1}    1.17{col 49}{space 3}0.240{col 57}{space 4}-.9145087{col 70}{space 3} 3.641115
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .842652{col 29}{space 2} 1.115092{col 40}{space 1}    0.76{col 49}{space 3}0.450{col 57}{space 4}-1.346083{col 70}{space 3} 3.031387
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.023021{col 29}{space 2} 1.145068{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-1.224552{col 70}{space 3} 3.270595
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.265999{col 29}{space 2} 1.075064{col 40}{space 1}    1.18{col 49}{space 3}0.239{col 57}{space 4}-.8441695{col 70}{space 3} 3.376167
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.899917{col 29}{space 2} 1.221885{col 40}{space 1}    2.37{col 49}{space 3}0.018{col 57}{space 4} .5015656{col 70}{space 3} 5.298268
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-.4136389{col 29}{space 2} 1.248311{col 40}{space 1}   -0.33{col 49}{space 3}0.740{col 57}{space 4}-2.863861{col 70}{space 3} 2.036583
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.2244693{col 29}{space 2} 1.477427{col 40}{space 1}   -0.15{col 49}{space 3}0.879{col 57}{space 4}-3.124406{col 70}{space 3} 2.675468
{txt}{space 12}54  {c |}{col 17}{res}{space 2}  1.44362{col 29}{space 2} 1.151273{col 40}{space 1}    1.25{col 49}{space 3}0.210{col 57}{space 4}-.8161335{col 70}{space 3} 3.703374
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} .9165715{col 29}{space 2}  2.28575{col 40}{space 1}    0.40{col 49}{space 3}0.689{col 57}{space 4}-3.569967{col 70}{space 3}  5.40311
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} .1476531{col 29}{space 2} 2.390511{col 40}{space 1}    0.06{col 49}{space 3}0.951{col 57}{space 4}-4.544514{col 70}{space 3}  4.83982
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.075545{col 29}{space 2}  2.33339{col 40}{space 1}   -0.89{col 49}{space 3}0.374{col 57}{space 4}-6.655592{col 70}{space 3} 2.504501
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.379745{col 29}{space 2} 2.422715{col 40}{space 1}   -0.57{col 49}{space 3}0.569{col 57}{space 4}-6.135122{col 70}{space 3} 3.375631
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} .1848721{col 29}{space 2} 2.396753{col 40}{space 1}    0.08{col 49}{space 3}0.939{col 57}{space 4}-4.519545{col 70}{space 3}  4.88929
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} .3645263{col 29}{space 2} 2.396755{col 40}{space 1}    0.15{col 49}{space 3}0.879{col 57}{space 4}-4.339895{col 70}{space 3} 5.068948
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 1.728884{col 29}{space 2} 2.392434{col 40}{space 1}    0.72{col 49}{space 3}0.470{col 57}{space 4}-2.967056{col 70}{space 3} 6.424824
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-.7308822{col 29}{space 2}   2.3257{col 40}{space 1}   -0.31{col 49}{space 3}0.753{col 57}{space 4}-5.295836{col 70}{space 3} 3.834071
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-1.585635{col 29}{space 2} 2.473394{col 40}{space 1}   -0.64{col 49}{space 3}0.522{col 57}{space 4}-6.440485{col 70}{space 3} 3.269215
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-.8163461{col 29}{space 2} 2.432936{col 40}{space 1}   -0.34{col 49}{space 3}0.737{col 57}{space 4}-5.591786{col 70}{space 3} 3.959094
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 1.589395{col 29}{space 2} 2.358745{col 40}{space 1}    0.67{col 49}{space 3}0.501{col 57}{space 4} -3.04042{col 70}{space 3} 6.219209
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-.2754573{col 29}{space 2} 2.367029{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-4.921533{col 70}{space 3} 4.370618
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-5.769053{col 29}{space 2} 2.434947{col 40}{space 1}   -2.37{col 49}{space 3}0.018{col 57}{space 4}-10.54844{col 70}{space 3}-.9896677
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-1.969006{col 29}{space 2} 2.381787{col 40}{space 1}   -0.83{col 49}{space 3}0.409{col 57}{space 4}-6.644048{col 70}{space 3} 2.706036
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} .2978222{col 29}{space 2} 2.431341{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-4.474486{col 70}{space 3}  5.07013
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-.9561302{col 29}{space 2} 2.460922{col 40}{space 1}   -0.39{col 49}{space 3}0.698{col 57}{space 4}  -5.7865{col 70}{space 3}  3.87424
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 1.713725{col 29}{space 2} 2.490222{col 40}{space 1}    0.69{col 49}{space 3}0.492{col 57}{space 4}-3.174156{col 70}{space 3} 6.601606
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1.062068{col 29}{space 2} 2.550603{col 40}{space 1}    0.42{col 49}{space 3}0.677{col 57}{space 4}-3.944332{col 70}{space 3} 6.068467
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-2.367273{col 29}{space 2} 2.612754{col 40}{space 1}   -0.91{col 49}{space 3}0.365{col 57}{space 4}-7.495665{col 70}{space 3} 2.761119
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-.7914982{col 29}{space 2} 2.664274{col 40}{space 1}   -0.30{col 49}{space 3}0.766{col 57}{space 4}-6.021015{col 70}{space 3} 4.438018
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 9.591301{col 29}{space 2} 2.701367{col 40}{space 1}    3.55{col 49}{space 3}0.000{col 57}{space 4} 4.288977{col 70}{space 3} 14.89362
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-.2526495{col 29}{space 2} 2.750059{col 40}{space 1}   -0.09{col 49}{space 3}0.927{col 57}{space 4}-5.650546{col 70}{space 3} 5.145247
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} .3810118{col 29}{space 2}  2.78752{col 40}{space 1}    0.14{col 49}{space 3}0.891{col 57}{space 4}-5.090416{col 70}{space 3} 5.852439
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-1.051572{col 29}{space 2} 2.782298{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-6.512749{col 70}{space 3} 4.409604
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-4.314273{col 29}{space 2} 2.854115{col 40}{space 1}   -1.51{col 49}{space 3}0.131{col 57}{space 4}-9.916415{col 70}{space 3}  1.28787
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-3.475852{col 29}{space 2}  3.07214{col 40}{space 1}   -1.13{col 49}{space 3}0.258{col 57}{space 4} -9.50594{col 70}{space 3} 2.554237
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 2.831176{col 29}{space 2} 3.171197{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-3.393343{col 70}{space 3} 9.055695
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-3.029059{col 29}{space 2} 3.023188{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-8.963063{col 70}{space 3} 2.904945
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -11.9211{col 29}{space 2}  3.00514{col 40}{space 1}   -3.97{col 49}{space 3}0.000{col 57}{space 4}-17.81968{col 70}{space 3}-6.022526
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-4.740707{col 29}{space 2}  3.22385{col 40}{space 1}   -1.47{col 49}{space 3}0.142{col 57}{space 4}-11.06858{col 70}{space 3} 1.587161
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-5.784075{col 29}{space 2}  3.27201{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-12.20647{col 70}{space 3} .6383239
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-4.388074{col 29}{space 2} 3.422296{col 40}{space 1}   -1.28{col 49}{space 3}0.200{col 57}{space 4}-11.10546{col 70}{space 3}  2.32931
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-.3359067{col 29}{space 2} 3.363708{col 40}{space 1}   -0.10{col 49}{space 3}0.920{col 57}{space 4}-6.938292{col 70}{space 3} 6.266479
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-2.497418{col 29}{space 2} 3.270891{col 40}{space 1}   -0.76{col 49}{space 3}0.445{col 57}{space 4} -8.91762{col 70}{space 3} 3.922784
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} .0129417{col 29}{space 2} 3.316605{col 40}{space 1}    0.00{col 49}{space 3}0.997{col 57}{space 4} -6.49699{col 70}{space 3} 6.522873
{txt}{space 10}1982  {c |}{col 17}{res}{space 2}-2.972691{col 29}{space 2} 3.290172{col 40}{space 1}   -0.90{col 49}{space 3}0.367{col 57}{space 4} -9.43074{col 70}{space 3} 3.485357
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -6.43534{col 29}{space 2} 3.365071{col 40}{space 1}   -1.91{col 49}{space 3}0.056{col 57}{space 4} -13.0404{col 70}{space 3} .1697206
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.323576{col 29}{space 2} 3.612285{col 40}{space 1}   -1.20{col 49}{space 3}0.232{col 57}{space 4}-11.41388{col 70}{space 3} 2.766724
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  4.09448{col 29}{space 2} 3.623229{col 40}{space 1}    1.13{col 49}{space 3}0.259{col 57}{space 4}-3.017302{col 70}{space 3} 11.20626
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.180809{col 29}{space 2} 3.660204{col 40}{space 1}   -1.14{col 49}{space 3}0.254{col 57}{space 4}-11.36517{col 70}{space 3} 3.003549
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-.6563231{col 29}{space 2} 3.684695{col 40}{space 1}   -0.18{col 49}{space 3}0.859{col 57}{space 4}-7.888751{col 70}{space 3} 6.576105
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.917639{col 29}{space 2} 3.800783{col 40}{space 1}   -1.03{col 49}{space 3}0.303{col 57}{space 4}-11.37793{col 70}{space 3}  3.54265
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.540985{col 29}{space 2} 3.872617{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-9.142272{col 70}{space 3} 6.060302
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.327713{col 29}{space 2} 3.855028{col 40}{space 1}   -0.86{col 49}{space 3}0.388{col 57}{space 4}-10.89448{col 70}{space 3} 4.239051
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-3.049504{col 29}{space 2} 3.828756{col 40}{space 1}   -0.80{col 49}{space 3}0.426{col 57}{space 4} -10.5647{col 70}{space 3} 4.465691
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.942222{col 29}{space 2} 3.948089{col 40}{space 1}   -0.49{col 49}{space 3}0.623{col 57}{space 4}-9.691649{col 70}{space 3} 5.807205
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}-.3327273{col 29}{space 2} 3.947557{col 40}{space 1}   -0.08{col 49}{space 3}0.933{col 57}{space 4} -8.08111{col 70}{space 3} 7.415655
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-2.566604{col 29}{space 2} 4.032827{col 40}{space 1}   -0.64{col 49}{space 3}0.525{col 57}{space 4}-10.48236{col 70}{space 3} 5.349149
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.361804{col 29}{space 2} 4.083084{col 40}{space 1}    2.29{col 49}{space 3}0.022{col 57}{space 4} 1.347405{col 70}{space 3}  17.3762
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} .0886207{col 29}{space 2} 4.124415{col 40}{space 1}    0.02{col 49}{space 3}0.983{col 57}{space 4}-8.006903{col 70}{space 3} 8.184144
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.997867{col 29}{space 2} 4.223981{col 40}{space 1}   -0.47{col 49}{space 3}0.636{col 57}{space 4}-10.28882{col 70}{space 3} 6.293089
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-3.458626{col 29}{space 2}  4.43941{col 40}{space 1}   -0.78{col 49}{space 3}0.436{col 57}{space 4}-12.17243{col 70}{space 3} 5.255179
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} -5.75594{col 29}{space 2} 4.470996{col 40}{space 1}   -1.29{col 49}{space 3}0.198{col 57}{space 4}-14.53174{col 70}{space 3} 3.019863
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-3.911443{col 29}{space 2} 4.624626{col 40}{space 1}   -0.85{col 49}{space 3}0.398{col 57}{space 4} -12.9888{col 70}{space 3}  5.16591
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-2.370108{col 29}{space 2} 4.672873{col 40}{space 1}   -0.51{col 49}{space 3}0.612{col 57}{space 4}-11.54216{col 70}{space 3} 6.801945
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-5.394379{col 29}{space 2}  4.66293{col 40}{space 1}   -1.16{col 49}{space 3}0.248{col 57}{space 4}-14.54692{col 70}{space 3} 3.758158
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-1.479056{col 29}{space 2} 4.686906{col 40}{space 1}   -0.32{col 49}{space 3}0.752{col 57}{space 4}-10.67866{col 70}{space 3} 7.720543
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-3.844899{col 29}{space 2} 4.806792{col 40}{space 1}   -0.80{col 49}{space 3}0.424{col 57}{space 4}-13.27981{col 70}{space 3} 5.590016
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-3.416331{col 29}{space 2} 4.891697{col 40}{space 1}   -0.70{col 49}{space 3}0.485{col 57}{space 4} -13.0179{col 70}{space 3} 6.185238
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-4.838908{col 29}{space 2} 5.062723{col 40}{space 1}   -0.96{col 49}{space 3}0.339{col 57}{space 4}-14.77617{col 70}{space 3} 5.098354
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-5.146845{col 29}{space 2} 5.153953{col 40}{space 1}   -1.00{col 49}{space 3}0.318{col 57}{space 4}-15.26318{col 70}{space 3} 4.969488
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-4.057302{col 29}{space 2} 5.185627{col 40}{space 1}   -0.78{col 49}{space 3}0.434{col 57}{space 4} -14.2358{col 70}{space 3} 6.121201
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-5.292771{col 29}{space 2} 5.063122{col 40}{space 1}   -1.05{col 49}{space 3}0.296{col 57}{space 4}-15.23082{col 70}{space 3} 4.645274
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} -6.63319{col 29}{space 2} 4.993271{col 40}{space 1}   -1.33{col 49}{space 3}0.184{col 57}{space 4}-16.43413{col 70}{space 3} 3.167751
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-3.805087{col 29}{space 2} 2.471155{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4}-8.655544{col 70}{space 3}  1.04537
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       910{col 27}-3027.548{col 38}-2884.243{col 49}    81{col 58} 5930.487{col 69} 6320.376
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if nonsouth==0, lag(8) force
{txt}
{com}. 
. *** 1.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   824) ={res}    6.25
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if nonsouth==0, lag(8) force
{txt}
{com}. 
. *** 1.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   824) ={res}    1.80
{txt}{col 13}Prob > F ={res}    0.1094
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.A: SOUTHERN STATES (N = 14): 1942-1980 *** (5,4)
. 
. //if year <=1980
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       476
{txt}maximum lag: {res}6{col 49}{txt}F( 56,       419){col 67}= {res}     37.27
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2123968{col 29}{space 2} .0522285{col 40}{space 1}   -4.07{col 49}{space 3}0.000{col 57}{space 4}-.3150592{col 70}{space 3}-.1097343
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 3.049069{col 29}{space 2} .9464767{col 40}{space 1}    3.22{col 49}{space 3}0.001{col 57}{space 4} 1.188635{col 70}{space 3} 4.909503
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1439468{col 29}{space 2} .0773898{col 40}{space 1}    1.86{col 49}{space 3}0.064{col 57}{space 4}-.0081738{col 70}{space 3} .2960674
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.401842{col 29}{space 2}  1.14169{col 40}{space 1}    1.23{col 49}{space 3}0.220{col 57}{space 4} -.842312{col 70}{space 3} 3.645996
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0280544{col 29}{space 2} .0544838{col 40}{space 1}    0.51{col 49}{space 3}0.607{col 57}{space 4}-.0790414{col 70}{space 3} .1351501
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.8680478{col 29}{space 2} .9496938{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-2.734806{col 70}{space 3}   .99871
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0446674{col 29}{space 2} .0480852{col 40}{space 1}   -0.93{col 49}{space 3}0.353{col 57}{space 4}-.1391857{col 70}{space 3} .0498509
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.5885424{col 29}{space 2} 1.097892{col 40}{space 1}   -0.54{col 49}{space 3}0.592{col 57}{space 4}-2.746604{col 70}{space 3} 1.569519
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0901361{col 29}{space 2} .0496525{col 40}{space 1}    1.82{col 49}{space 3}0.070{col 57}{space 4}-.0074629{col 70}{space 3} .1877351
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1089511{col 29}{space 2} .7763913{col 40}{space 1}    0.14{col 49}{space 3}0.888{col 57}{space 4}-1.417156{col 70}{space 3} 1.635058
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-71.41431{col 29}{space 2}  25.2501{col 40}{space 1}   -2.83{col 49}{space 3}0.005{col 57}{space 4} -121.047{col 70}{space 3}-21.78166
{txt}{space 12}12  {c |}{col 17}{res}{space 2}  323.936{col 29}{space 2} 83.47056{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4} 159.8628{col 70}{space 3} 488.0092
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 126.1748{col 29}{space 2} 36.40009{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 54.62522{col 70}{space 3} 197.7243
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-78.66354{col 29}{space 2} 46.02299{col 40}{space 1}   -1.71{col 49}{space 3}0.088{col 57}{space 4}-169.1283{col 70}{space 3} 11.80117
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 132.6611{col 29}{space 2} 39.60169{col 40}{space 1}    3.35{col 49}{space 3}0.001{col 57}{space 4} 54.81834{col 70}{space 3} 210.5038
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-193.4345{col 29}{space 2} 50.56784{col 40}{space 1}   -3.83{col 49}{space 3}0.000{col 57}{space 4}-292.8328{col 70}{space 3}-94.03624
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 45.92295{col 29}{space 2} 26.44544{col 40}{space 1}    1.74{col 49}{space 3}0.083{col 57}{space 4}-6.059322{col 70}{space 3} 97.90522
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 177.9234{col 29}{space 2} 51.06044{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4} 77.55682{col 70}{space 3} 278.2899
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-29.95951{col 29}{space 2} 24.46102{col 40}{space 1}   -1.22{col 49}{space 3}0.221{col 57}{space 4}-78.04112{col 70}{space 3}  18.1221
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-58.21801{col 29}{space 2} 42.31468{col 40}{space 1}   -1.38{col 49}{space 3}0.170{col 57}{space 4}-141.3935{col 70}{space 3}  24.9575
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  357.755{col 29}{space 2} 85.19314{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 190.2958{col 70}{space 3} 525.2142
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 330.6969{col 29}{space 2} 76.80906{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 179.7178{col 70}{space 3}  481.676
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -81.3277{col 29}{space 2} 44.52791{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-168.8536{col 70}{space 3} 6.198229
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 443.0836{col 29}{space 2} 72.36919{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 300.8317{col 70}{space 3} 585.3355
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  235.235{col 29}{space 2} 100.8368{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4} 37.02585{col 70}{space 3} 433.4441
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 558.0936{col 29}{space 2} 102.2514{col 40}{space 1}    5.46{col 49}{space 3}0.000{col 57}{space 4}  357.104{col 70}{space 3} 759.0832
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 539.8252{col 29}{space 2} 91.32689{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 360.3093{col 70}{space 3} 719.3412
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 524.8903{col 29}{space 2} 72.25349{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 382.8658{col 70}{space 3} 666.9148
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 574.2851{col 29}{space 2} 76.12277{col 40}{space 1}    7.54{col 49}{space 3}0.000{col 57}{space 4}  424.655{col 70}{space 3} 723.9152
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 372.3936{col 29}{space 2} 71.23602{col 40}{space 1}    5.23{col 49}{space 3}0.000{col 57}{space 4} 232.3691{col 70}{space 3} 512.4182
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 785.3809{col 29}{space 2} 73.18879{col 40}{space 1}   10.73{col 49}{space 3}0.000{col 57}{space 4}  641.518{col 70}{space 3} 929.2439
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 692.4424{col 29}{space 2} 84.45458{col 40}{space 1}    8.20{col 49}{space 3}0.000{col 57}{space 4} 526.4349{col 70}{space 3} 858.4498
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 505.4099{col 29}{space 2} 87.66023{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4} 333.1013{col 70}{space 3} 677.7185
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 611.7636{col 29}{space 2} 89.10992{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4} 436.6054{col 70}{space 3} 786.9218
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}  759.287{col 29}{space 2} 79.57086{col 40}{space 1}    9.54{col 49}{space 3}0.000{col 57}{space 4} 602.8792{col 70}{space 3} 915.6948
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 582.1604{col 29}{space 2}  90.8802{col 40}{space 1}    6.41{col 49}{space 3}0.000{col 57}{space 4} 403.5224{col 70}{space 3} 760.7983
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 761.0214{col 29}{space 2}  99.1608{col 40}{space 1}    7.67{col 49}{space 3}0.000{col 57}{space 4} 566.1068{col 70}{space 3}  955.936
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 833.7862{col 29}{space 2} 95.96748{col 40}{space 1}    8.69{col 49}{space 3}0.000{col 57}{space 4} 645.1486{col 70}{space 3} 1022.424
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 860.5589{col 29}{space 2} 101.8305{col 40}{space 1}    8.45{col 49}{space 3}0.000{col 57}{space 4} 660.3967{col 70}{space 3} 1060.721
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1008.349{col 29}{space 2} 108.1402{col 40}{space 1}    9.32{col 49}{space 3}0.000{col 57}{space 4} 795.7838{col 70}{space 3} 1220.914
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1105.644{col 29}{space 2} 111.9445{col 40}{space 1}    9.88{col 49}{space 3}0.000{col 57}{space 4} 885.6014{col 70}{space 3} 1325.687
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1162.491{col 29}{space 2} 124.2804{col 40}{space 1}    9.35{col 49}{space 3}0.000{col 57}{space 4}    918.2{col 70}{space 3} 1406.782
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1187.735{col 29}{space 2}  132.821{col 40}{space 1}    8.94{col 49}{space 3}0.000{col 57}{space 4} 926.6563{col 70}{space 3} 1448.813
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1281.861{col 29}{space 2}  144.261{col 40}{space 1}    8.89{col 49}{space 3}0.000{col 57}{space 4}  998.296{col 70}{space 3} 1565.427
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1288.972{col 29}{space 2} 163.5895{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 967.4132{col 70}{space 3}  1610.53
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1215.269{col 29}{space 2} 176.2439{col 40}{space 1}    6.90{col 49}{space 3}0.000{col 57}{space 4} 868.8362{col 70}{space 3} 1561.701
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1359.342{col 29}{space 2} 184.3933{col 40}{space 1}    7.37{col 49}{space 3}0.000{col 57}{space 4} 996.8906{col 70}{space 3} 1721.793
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1688.661{col 29}{space 2} 202.2693{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 1291.072{col 70}{space 3}  2086.25
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1700.088{col 29}{space 2} 223.5283{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 1260.711{col 70}{space 3} 2139.464
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1228.074{col 29}{space 2} 232.3312{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 771.3938{col 70}{space 3} 1684.754
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1334.438{col 29}{space 2} 246.8366{col 40}{space 1}    5.41{col 49}{space 3}0.000{col 57}{space 4} 849.2454{col 70}{space 3}  1819.63
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1802.451{col 29}{space 2} 251.1601{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4}  1308.76{col 70}{space 3} 2296.141
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1670.866{col 29}{space 2} 272.7903{col 40}{space 1}    6.13{col 49}{space 3}0.000{col 57}{space 4} 1134.658{col 70}{space 3} 2207.074
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1927.982{col 29}{space 2} 292.3608{col 40}{space 1}    6.59{col 49}{space 3}0.000{col 57}{space 4} 1353.306{col 70}{space 3} 2502.659
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1600.811{col 29}{space 2} 295.2826{col 40}{space 1}    5.42{col 49}{space 3}0.000{col 57}{space 4} 1020.392{col 70}{space 3} 2181.231
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1318.602{col 29}{space 2} 303.4829{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 722.0634{col 70}{space 3} 1915.141
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 455.7064{col 29}{space 2} 210.5594{col 40}{space 1}    2.16{col 49}{space 3}0.031{col 57}{space 4} 41.82199{col 70}{space 3} 869.5908
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       476
{txt}maximum lag: {res}6{col 49}{txt}F( 56,       419){col 67}= {res}      3.83
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1975633{col 29}{space 2}  .033709{col 40}{space 1}   -5.86{col 49}{space 3}0.000{col 57}{space 4}-.2638231{col 70}{space 3}-.1313036
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0048215{col 29}{space 2}  .001458{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} .0019557{col 70}{space 3} .0076873
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0226624{col 29}{space 2} .0321094{col 40}{space 1}    0.71{col 49}{space 3}0.481{col 57}{space 4}-.0404531{col 70}{space 3}  .085778
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033996{col 29}{space 2} .0029207{col 40}{space 1}    1.16{col 49}{space 3}0.245{col 57}{space 4}-.0023414{col 70}{space 3} .0091406
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2074396{col 29}{space 2} .0718565{col 40}{space 1}   -2.89{col 49}{space 3}0.004{col 57}{space 4}-.3486837{col 70}{space 3}-.0661954
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0041321{col 29}{space 2} .0028312{col 40}{space 1}    1.46{col 49}{space 3}0.145{col 57}{space 4} -.001433{col 70}{space 3} .0096973
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0007362{col 29}{space 2} .0326818{col 40}{space 1}    0.02{col 49}{space 3}0.982{col 57}{space 4}-.0635045{col 70}{space 3} .0649768
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0022788{col 29}{space 2} .0017208{col 40}{space 1}   -1.32{col 49}{space 3}0.186{col 57}{space 4}-.0056612{col 70}{space 3} .0011037
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}  -.01162{col 29}{space 2} .0544768{col 40}{space 1}   -0.21{col 49}{space 3}0.831{col 57}{space 4}-.1187018{col 70}{space 3} .0954619
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0007198{col 29}{space 2} .0020502{col 40}{space 1}    0.35{col 49}{space 3}0.726{col 57}{space 4}-.0033102{col 70}{space 3} .0047499
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.617616{col 29}{space 2} 1.168982{col 40}{space 1}    1.38{col 49}{space 3}0.167{col 57}{space 4}-.6801842{col 70}{space 3} 3.915417
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.912751{col 29}{space 2} 3.280045{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-8.360146{col 70}{space 3} 4.534643
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8784699{col 29}{space 2} 1.198597{col 40}{space 1}   -0.73{col 49}{space 3}0.464{col 57}{space 4}-3.234482{col 70}{space 3} 1.477542
{txt}{space 12}21  {c |}{col 17}{res}{space 2}  7.55152{col 29}{space 2} 2.212305{col 40}{space 1}    3.41{col 49}{space 3}0.001{col 57}{space 4} 3.202921{col 70}{space 3} 11.90012
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.405567{col 29}{space 2} 1.282742{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-4.926979{col 70}{space 3} .1158444
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.650899{col 29}{space 2} 1.607154{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4}  1.49181{col 70}{space 3} 7.809989
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.369455{col 29}{space 2} 1.267912{col 40}{space 1}    1.08{col 49}{space 3}0.281{col 57}{space 4}-1.122806{col 70}{space 3} 3.861716
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .8534605{col 29}{space 2} 1.586472{col 40}{space 1}    0.54{col 49}{space 3}0.591{col 57}{space 4}-2.264975{col 70}{space 3} 3.971896
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.810619{col 29}{space 2} 1.004189{col 40}{space 1}    1.80{col 49}{space 3}0.072{col 57}{space 4}-.1632563{col 70}{space 3} 3.784494
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.973156{col 29}{space 2} 2.197801{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 4.653066{col 70}{space 3} 13.29325
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-6.123717{col 29}{space 2} 2.550687{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-11.13745{col 70}{space 3}-1.109981
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-3.133563{col 29}{space 2} 2.153597{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-7.366764{col 70}{space 3} 1.099637
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.525074{col 29}{space 2} 2.377148{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 2.852453{col 70}{space 3} 12.19769
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.686522{col 29}{space 2}  2.13358{col 40}{space 1}   -0.79{col 49}{space 3}0.430{col 57}{space 4}-5.880376{col 70}{space 3} 2.507333
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} -5.63253{col 29}{space 2} 3.638118{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-12.78377{col 70}{space 3} 1.518706
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.981524{col 29}{space 2} 3.404007{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-10.67258{col 70}{space 3} 2.709535
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-5.659224{col 29}{space 2} 3.490625{col 40}{space 1}   -1.62{col 49}{space 3}0.106{col 57}{space 4}-12.52054{col 70}{space 3} 1.202094
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-4.953431{col 29}{space 2} 3.233976{col 40}{space 1}   -1.53{col 49}{space 3}0.126{col 57}{space 4}-11.31027{col 70}{space 3} 1.403408
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.120026{col 29}{space 2} 3.060738{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-10.13634{col 70}{space 3} 1.896288
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.280468{col 29}{space 2}  2.65407{col 40}{space 1}   -2.37{col 49}{space 3}0.018{col 57}{space 4}-11.49742{col 70}{space 3}-1.063517
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-6.809082{col 29}{space 2} 3.197918{col 40}{space 1}   -2.13{col 49}{space 3}0.034{col 57}{space 4}-13.09504{col 70}{space 3}-.5231206
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-9.748254{col 29}{space 2} 3.776146{col 40}{space 1}   -2.58{col 49}{space 3}0.010{col 57}{space 4}-17.17081{col 70}{space 3}-2.325703
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.212748{col 29}{space 2} 2.896854{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4}-11.90692{col 70}{space 3}-.5185716
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-7.351636{col 29}{space 2} 2.641646{col 40}{space 1}   -2.78{col 49}{space 3}0.006{col 57}{space 4}-12.54417{col 70}{space 3}-2.159106
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.43467{col 29}{space 2} 4.089267{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4} -21.4727{col 70}{space 3}-5.396636
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-11.16228{col 29}{space 2} 3.485646{col 40}{space 1}   -3.20{col 49}{space 3}0.001{col 57}{space 4}-18.01382{col 70}{space 3}-4.310753
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-9.336196{col 29}{space 2} 3.798933{col 40}{space 1}   -2.46{col 49}{space 3}0.014{col 57}{space 4}-16.80354{col 70}{space 3}-1.868855
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.37854{col 29}{space 2} 3.753735{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-18.75704{col 70}{space 3}-4.000044
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.758087{col 29}{space 2} 4.089916{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4} -16.7974{col 70}{space 3}-.7187777
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-10.52508{col 29}{space 2} 4.582222{col 40}{space 1}   -2.30{col 49}{space 3}0.022{col 57}{space 4}-19.53209{col 70}{space 3}-1.518073
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-14.74938{col 29}{space 2} 4.805409{col 40}{space 1}   -3.07{col 49}{space 3}0.002{col 57}{space 4}-24.19509{col 70}{space 3}-5.303668
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-14.77956{col 29}{space 2} 4.899558{col 40}{space 1}   -3.02{col 49}{space 3}0.003{col 57}{space 4}-24.41034{col 70}{space 3}-5.148783
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-6.207095{col 29}{space 2} 7.007259{col 40}{space 1}   -0.89{col 49}{space 3}0.376{col 57}{space 4}-19.98086{col 70}{space 3} 7.566666
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-15.97426{col 29}{space 2} 5.438994{col 40}{space 1}   -2.94{col 49}{space 3}0.003{col 57}{space 4}-26.66538{col 70}{space 3}-5.283151
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.30671{col 29}{space 2} 6.350146{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-26.78882{col 70}{space 3}-1.824599
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.27174{col 29}{space 2} 5.876308{col 40}{space 1}   -3.11{col 49}{space 3}0.002{col 57}{space 4}-29.82246{col 70}{space 3}-6.721026
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -21.6189{col 29}{space 2} 6.215754{col 40}{space 1}   -3.48{col 49}{space 3}0.001{col 57}{space 4}-33.83684{col 70}{space 3} -9.40095
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-23.71161{col 29}{space 2} 6.942215{col 40}{space 1}   -3.42{col 49}{space 3}0.001{col 57}{space 4}-37.35752{col 70}{space 3} -10.0657
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-21.01635{col 29}{space 2} 7.351322{col 40}{space 1}   -2.86{col 49}{space 3}0.004{col 57}{space 4}-35.46642{col 70}{space 3}-6.566285
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-25.64284{col 29}{space 2} 7.493837{col 40}{space 1}   -3.42{col 49}{space 3}0.001{col 57}{space 4}-40.37304{col 70}{space 3}-10.91264
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -30.6123{col 29}{space 2} 8.612567{col 40}{space 1}   -3.55{col 49}{space 3}0.000{col 57}{space 4}-47.54152{col 70}{space 3}-13.68308
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.89901{col 29}{space 2} 7.711158{col 40}{space 1}   -3.62{col 49}{space 3}0.000{col 57}{space 4}-43.05638{col 70}{space 3}-12.74163
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-33.81744{col 29}{space 2} 9.344829{col 40}{space 1}   -3.62{col 49}{space 3}0.000{col 57}{space 4}-52.18603{col 70}{space 3}-15.44886
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-30.67097{col 29}{space 2} 8.904394{col 40}{space 1}   -3.44{col 49}{space 3}0.001{col 57}{space 4}-48.17382{col 70}{space 3}-13.16812
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-28.56223{col 29}{space 2} 8.591125{col 40}{space 1}   -3.32{col 49}{space 3}0.001{col 57}{space 4}-45.44931{col 70}{space 3}-11.67516
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.02708{col 29}{space 2} 8.872275{col 40}{space 1}   -3.05{col 49}{space 3}0.002{col 57}{space 4}-44.46679{col 70}{space 3} -9.58736
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-16.25395{col 29}{space 2} 6.010963{col 40}{space 1}   -2.70{col 49}{space 3}0.007{col 57}{space 4}-28.06935{col 70}{space 3}-4.438547
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. //inc
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       476
{txt}{hline 13}{c +}{hline 34}   F(56, 419)      = {res}    27.44
{txt}       Model {c |} {res} 21033415.8        56  375596.711   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5735349.31       419  13688.1845   {txt}R-squared       ={res}    0.7857
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7571
{txt}       Total {c |} {res} 26768765.1       475   56355.295   {txt}Root MSE        =   {res}    117

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2123968{col 29}{space 2}  .036773{col 40}{space 1}   -5.78{col 49}{space 3}0.000{col 57}{space 4}-.2846794{col 70}{space 3}-.1401142
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 3.049069{col 29}{space 2} .7410525{col 40}{space 1}    4.11{col 49}{space 3}0.000{col 57}{space 4} 1.592425{col 70}{space 3} 4.505713
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1439468{col 29}{space 2} .0524493{col 40}{space 1}    2.74{col 49}{space 3}0.006{col 57}{space 4} .0408502{col 70}{space 3} .2470434
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.401842{col 29}{space 2} .9792722{col 40}{space 1}    1.43{col 49}{space 3}0.153{col 57}{space 4}-.5230562{col 70}{space 3} 3.326741
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0280544{col 29}{space 2} .0507668{col 40}{space 1}    0.55{col 49}{space 3}0.581{col 57}{space 4}-.0717351{col 70}{space 3} .1278438
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.8680478{col 29}{space 2}  1.05726{col 40}{space 1}   -0.82{col 49}{space 3}0.412{col 57}{space 4}-2.946242{col 70}{space 3} 1.210146
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0446674{col 29}{space 2} .0487562{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-.1405046{col 70}{space 3} .0511698
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.5885424{col 29}{space 2} 1.009044{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-2.571961{col 70}{space 3} 1.394876
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0901361{col 29}{space 2} .0462267{col 40}{space 1}    1.95{col 49}{space 3}0.052{col 57}{space 4} -.000729{col 70}{space 3} .1810012
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1089511{col 29}{space 2} .9787312{col 40}{space 1}    0.11{col 49}{space 3}0.911{col 57}{space 4}-1.814884{col 70}{space 3} 2.032786
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-71.41431{col 29}{space 2} 30.34726{col 40}{space 1}   -2.35{col 49}{space 3}0.019{col 57}{space 4}-131.0662{col 70}{space 3}-11.76247
{txt}{space 12}12  {c |}{col 17}{res}{space 2}  323.936{col 29}{space 2} 66.57556{col 40}{space 1}    4.87{col 49}{space 3}0.000{col 57}{space 4} 193.0723{col 70}{space 3} 454.7997
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 126.1748{col 29}{space 2} 36.40576{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 54.61409{col 70}{space 3} 197.7355
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-78.66354{col 29}{space 2} 44.98714{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-167.0921{col 70}{space 3} 9.765061
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 132.6611{col 29}{space 2} 34.46898{col 40}{space 1}    3.85{col 49}{space 3}0.000{col 57}{space 4} 64.90742{col 70}{space 3} 200.4147
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-193.4345{col 29}{space 2} 42.61342{col 40}{space 1}   -4.54{col 49}{space 3}0.000{col 57}{space 4}-277.1972{col 70}{space 3}-109.6718
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 45.92295{col 29}{space 2} 32.53794{col 40}{space 1}    1.41{col 49}{space 3}0.159{col 57}{space 4}-18.03499{col 70}{space 3} 109.8809
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 177.9234{col 29}{space 2} 45.15765{col 40}{space 1}    3.94{col 49}{space 3}0.000{col 57}{space 4} 89.15959{col 70}{space 3} 266.6871
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-29.95951{col 29}{space 2} 28.72147{col 40}{space 1}   -1.04{col 49}{space 3}0.298{col 57}{space 4}-86.41564{col 70}{space 3} 26.49662
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-58.21801{col 29}{space 2} 42.00137{col 40}{space 1}   -1.39{col 49}{space 3}0.166{col 57}{space 4}-140.7777{col 70}{space 3} 24.34165
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  357.755{col 29}{space 2} 64.40708{col 40}{space 1}    5.55{col 49}{space 3}0.000{col 57}{space 4} 231.1537{col 70}{space 3} 484.3562
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 330.6969{col 29}{space 2} 60.17944{col 40}{space 1}    5.50{col 49}{space 3}0.000{col 57}{space 4} 212.4057{col 70}{space 3} 448.9881
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -81.3277{col 29}{space 2} 44.62715{col 40}{space 1}   -1.82{col 49}{space 3}0.069{col 57}{space 4}-169.0487{col 70}{space 3} 6.393298
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 443.0836{col 29}{space 2} 53.59871{col 40}{space 1}    8.27{col 49}{space 3}0.000{col 57}{space 4} 337.7278{col 70}{space 3} 548.4395
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  235.235{col 29}{space 2} 70.41827{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} 96.81787{col 70}{space 3} 373.6521
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 558.0936{col 29}{space 2} 73.21865{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 414.1719{col 70}{space 3} 702.0152
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 539.8252{col 29}{space 2} 67.78469{col 40}{space 1}    7.96{col 49}{space 3}0.000{col 57}{space 4} 406.5848{col 70}{space 3} 673.0657
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 524.8903{col 29}{space 2} 58.27041{col 40}{space 1}    9.01{col 49}{space 3}0.000{col 57}{space 4} 410.3515{col 70}{space 3} 639.4291
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 574.2851{col 29}{space 2}  58.2975{col 40}{space 1}    9.85{col 49}{space 3}0.000{col 57}{space 4} 459.6931{col 70}{space 3} 688.8771
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 372.3936{col 29}{space 2} 55.68221{col 40}{space 1}    6.69{col 49}{space 3}0.000{col 57}{space 4} 262.9424{col 70}{space 3} 481.8449
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 785.3809{col 29}{space 2} 54.25572{col 40}{space 1}   14.48{col 49}{space 3}0.000{col 57}{space 4} 678.7336{col 70}{space 3} 892.0282
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 692.4424{col 29}{space 2} 64.45174{col 40}{space 1}   10.74{col 49}{space 3}0.000{col 57}{space 4} 565.7534{col 70}{space 3} 819.1314
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 505.4099{col 29}{space 2} 67.16347{col 40}{space 1}    7.53{col 49}{space 3}0.000{col 57}{space 4} 373.3905{col 70}{space 3} 637.4292
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 611.7636{col 29}{space 2} 65.03454{col 40}{space 1}    9.41{col 49}{space 3}0.000{col 57}{space 4}  483.929{col 70}{space 3} 739.5982
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}  759.287{col 29}{space 2} 63.14849{col 40}{space 1}   12.02{col 49}{space 3}0.000{col 57}{space 4} 635.1597{col 70}{space 3} 883.4143
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 582.1604{col 29}{space 2} 73.06112{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 438.5484{col 70}{space 3} 725.7723
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 761.0214{col 29}{space 2}  74.6828{col 40}{space 1}   10.19{col 49}{space 3}0.000{col 57}{space 4} 614.2218{col 70}{space 3} 907.8211
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 833.7862{col 29}{space 2}  76.4543{col 40}{space 1}   10.91{col 49}{space 3}0.000{col 57}{space 4} 683.5045{col 70}{space 3}  984.068
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 860.5589{col 29}{space 2}  79.6265{col 40}{space 1}   10.81{col 49}{space 3}0.000{col 57}{space 4} 704.0418{col 70}{space 3} 1017.076
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1008.349{col 29}{space 2} 85.49004{col 40}{space 1}   11.79{col 49}{space 3}0.000{col 57}{space 4} 840.3059{col 70}{space 3} 1176.392
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1105.644{col 29}{space 2} 89.82228{col 40}{space 1}   12.31{col 49}{space 3}0.000{col 57}{space 4} 929.0857{col 70}{space 3} 1282.203
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1162.491{col 29}{space 2} 97.48626{col 40}{space 1}   11.92{col 49}{space 3}0.000{col 57}{space 4} 970.8678{col 70}{space 3} 1354.114
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1187.735{col 29}{space 2} 104.6154{col 40}{space 1}   11.35{col 49}{space 3}0.000{col 57}{space 4} 982.0983{col 70}{space 3} 1393.371
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1281.861{col 29}{space 2} 112.4226{col 40}{space 1}   11.40{col 49}{space 3}0.000{col 57}{space 4} 1060.879{col 70}{space 3} 1502.844
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1288.972{col 29}{space 2} 122.5417{col 40}{space 1}   10.52{col 49}{space 3}0.000{col 57}{space 4} 1048.098{col 70}{space 3} 1529.845
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1215.269{col 29}{space 2} 132.7253{col 40}{space 1}    9.16{col 49}{space 3}0.000{col 57}{space 4} 954.3782{col 70}{space 3} 1476.159
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1359.342{col 29}{space 2} 138.7019{col 40}{space 1}    9.80{col 49}{space 3}0.000{col 57}{space 4} 1086.704{col 70}{space 3}  1631.98
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1688.661{col 29}{space 2} 148.7758{col 40}{space 1}   11.35{col 49}{space 3}0.000{col 57}{space 4} 1396.221{col 70}{space 3} 1981.101
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1700.088{col 29}{space 2} 165.3563{col 40}{space 1}   10.28{col 49}{space 3}0.000{col 57}{space 4} 1375.057{col 70}{space 3} 2025.119
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1228.074{col 29}{space 2} 179.2828{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 875.6681{col 70}{space 3}  1580.48
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1334.438{col 29}{space 2} 180.4522{col 40}{space 1}    7.39{col 49}{space 3}0.000{col 57}{space 4} 979.7334{col 70}{space 3} 1689.142
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1802.451{col 29}{space 2} 184.2551{col 40}{space 1}    9.78{col 49}{space 3}0.000{col 57}{space 4} 1440.271{col 70}{space 3}  2164.63
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1670.866{col 29}{space 2}  201.856{col 40}{space 1}    8.28{col 49}{space 3}0.000{col 57}{space 4} 1274.089{col 70}{space 3} 2067.642
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1927.982{col 29}{space 2} 213.4779{col 40}{space 1}    9.03{col 49}{space 3}0.000{col 57}{space 4} 1508.361{col 70}{space 3} 2347.603
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1600.811{col 29}{space 2} 221.0453{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 1166.315{col 70}{space 3} 2035.307
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1318.602{col 29}{space 2} 219.7581{col 40}{space 1}    6.00{col 49}{space 3}0.000{col 57}{space 4} 886.6364{col 70}{space 3} 1750.568
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 455.7064{col 29}{space 2} 144.2327{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} 172.1965{col 70}{space 3} 739.2163
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       476{col 27}-3278.499{col 38}-2911.839{col 49}    57{col 58} 5937.678{col 69} 6175.107
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year<=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       476
{txt}{hline 13}{c +}{hline 34}   F(56, 419)      = {res}     4.30
{txt}       Model {c |} {res} 8173.86688        56  145.961909   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 14213.5896       419  33.9226483   {txt}R-squared       ={res}    0.3651
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2803
{txt}       Total {c |} {res} 22387.4565       475  47.1314874   {txt}Root MSE        =   {res} 5.8243

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1975633{col 29}{space 2} .0376424{col 40}{space 1}   -5.25{col 49}{space 3}0.000{col 57}{space 4}-.2715547{col 70}{space 3}-.1235719
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0048215{col 29}{space 2} .0018154{col 40}{space 1}    2.66{col 49}{space 3}0.008{col 57}{space 4}  .001253{col 70}{space 3}   .00839
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0226624{col 29}{space 2} .0536387{col 40}{space 1}    0.42{col 49}{space 3}0.673{col 57}{space 4}-.0827721{col 70}{space 3} .1280969
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033996{col 29}{space 2} .0024272{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4}-.0013715{col 70}{space 3} .0081706
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2074396{col 29}{space 2} .0536244{col 40}{space 1}   -3.87{col 49}{space 3}0.000{col 57}{space 4} -.312846{col 70}{space 3}-.1020331
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0041321{col 29}{space 2} .0025359{col 40}{space 1}    1.63{col 49}{space 3}0.104{col 57}{space 4}-.0008526{col 70}{space 3} .0091169
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0007362{col 29}{space 2} .0491689{col 40}{space 1}    0.01{col 49}{space 3}0.988{col 57}{space 4}-.0959123{col 70}{space 3} .0973846
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0022788{col 29}{space 2}  .002469{col 40}{space 1}   -0.92{col 49}{space 3}0.357{col 57}{space 4} -.007132{col 70}{space 3} .0025745
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}  -.01162{col 29}{space 2} .0474563{col 40}{space 1}   -0.24{col 49}{space 3}0.807{col 57}{space 4} -.104902{col 70}{space 3} .0816621
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0007198{col 29}{space 2} .0024424{col 40}{space 1}    0.29{col 49}{space 3}0.768{col 57}{space 4} -.004081{col 70}{space 3} .0055207
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.617616{col 29}{space 2}  1.51144{col 40}{space 1}    1.07{col 49}{space 3}0.285{col 57}{space 4}-1.353334{col 70}{space 3} 4.588567
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.912751{col 29}{space 2} 3.287223{col 40}{space 1}   -0.58{col 49}{space 3}0.561{col 57}{space 4}-8.374254{col 70}{space 3} 4.548752
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8784699{col 29}{space 2} 1.809861{col 40}{space 1}   -0.49{col 49}{space 3}0.628{col 57}{space 4}-4.436009{col 70}{space 3} 2.679069
{txt}{space 12}21  {c |}{col 17}{res}{space 2}  7.55152{col 29}{space 2} 2.282769{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} 3.064415{col 70}{space 3} 12.03863
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.405567{col 29}{space 2} 1.719587{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-5.785659{col 70}{space 3} .9745242
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.650899{col 29}{space 2}  2.12074{col 40}{space 1}    2.19{col 49}{space 3}0.029{col 57}{space 4} .4822837{col 70}{space 3} 8.819515
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.369455{col 29}{space 2} 1.615759{col 40}{space 1}    0.85{col 49}{space 3}0.397{col 57}{space 4}-1.806548{col 70}{space 3} 4.545457
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .8534605{col 29}{space 2} 2.241874{col 40}{space 1}    0.38{col 49}{space 3}0.704{col 57}{space 4}-3.553261{col 70}{space 3} 5.260182
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.810619{col 29}{space 2} 1.428877{col 40}{space 1}    1.27{col 49}{space 3}0.206{col 57}{space 4}-.9980419{col 70}{space 3}  4.61928
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.973156{col 29}{space 2}  2.07664{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4} 4.891226{col 70}{space 3} 13.05509
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-6.123717{col 29}{space 2} 3.216178{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-12.44557{col 70}{space 3} .1981365
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-3.133563{col 29}{space 2} 3.005168{col 40}{space 1}   -1.04{col 49}{space 3}0.298{col 57}{space 4}-9.040648{col 70}{space 3} 2.773522
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.525074{col 29}{space 2} 2.262146{col 40}{space 1}    3.33{col 49}{space 3}0.001{col 57}{space 4} 3.078505{col 70}{space 3} 11.97164
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.686522{col 29}{space 2}  2.83055{col 40}{space 1}   -0.60{col 49}{space 3}0.552{col 57}{space 4} -7.25037{col 70}{space 3} 3.877326
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} -5.63253{col 29}{space 2} 3.382906{col 40}{space 1}   -1.66{col 49}{space 3}0.097{col 57}{space 4}-12.28211{col 70}{space 3} 1.017052
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.981524{col 29}{space 2} 3.272313{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-10.41372{col 70}{space 3} 2.450672
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-5.659224{col 29}{space 2} 3.016099{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-11.58779{col 70}{space 3} .2693465
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-4.953431{col 29}{space 2} 3.081722{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-11.01099{col 70}{space 3} 1.104132
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.120026{col 29}{space 2} 2.963446{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}  -9.9451{col 70}{space 3} 1.705048
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.280468{col 29}{space 2} 2.811294{col 40}{space 1}   -2.23{col 49}{space 3}0.026{col 57}{space 4}-11.80647{col 70}{space 3}-.7544714
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-6.809082{col 29}{space 2} 3.094232{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4}-12.89123{col 70}{space 3}-.7269305
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-9.748254{col 29}{space 2} 3.416175{col 40}{space 1}   -2.85{col 49}{space 3}0.005{col 57}{space 4}-16.46323{col 70}{space 3}-3.033279
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.212748{col 29}{space 2} 3.369013{col 40}{space 1}   -1.84{col 49}{space 3}0.066{col 57}{space 4}-12.83502{col 70}{space 3} .4095249
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-7.351636{col 29}{space 2} 3.055586{col 40}{space 1}   -2.41{col 49}{space 3}0.017{col 57}{space 4}-13.35782{col 70}{space 3}-1.345448
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.43467{col 29}{space 2} 3.421468{col 40}{space 1}   -3.93{col 49}{space 3}0.000{col 57}{space 4}-20.16005{col 70}{space 3}-6.709289
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-11.16228{col 29}{space 2} 3.638208{col 40}{space 1}   -3.07{col 49}{space 3}0.002{col 57}{space 4} -18.3137{col 70}{space 3}-4.010871
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-9.336196{col 29}{space 2} 3.655845{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-16.52228{col 70}{space 3}-2.150115
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.37854{col 29}{space 2} 3.841258{col 40}{space 1}   -2.96{col 49}{space 3}0.003{col 57}{space 4}-18.92908{col 70}{space 3}-3.828006
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.758087{col 29}{space 2} 4.205542{col 40}{space 1}   -2.08{col 49}{space 3}0.038{col 57}{space 4}-17.02468{col 70}{space 3}-.4914976
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-10.52508{col 29}{space 2} 4.424673{col 40}{space 1}   -2.38{col 49}{space 3}0.018{col 57}{space 4} -19.2224{col 70}{space 3}-1.827759
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-14.74938{col 29}{space 2} 4.825583{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-24.23475{col 70}{space 3}-5.264012
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-14.77956{col 29}{space 2} 5.256927{col 40}{space 1}   -2.81{col 49}{space 3}0.005{col 57}{space 4} -25.1128{col 70}{space 3}-4.446325
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-6.207095{col 29}{space 2} 5.631856{col 40}{space 1}   -1.10{col 49}{space 3}0.271{col 57}{space 4}-17.27731{col 70}{space 3} 4.863116
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-15.97426{col 29}{space 2} 6.068085{col 40}{space 1}   -2.63{col 49}{space 3}0.009{col 57}{space 4}-27.90195{col 70}{space 3}-4.046583
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.30671{col 29}{space 2} 6.546292{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-27.17438{col 70}{space 3}-1.439045
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.27174{col 29}{space 2} 6.853576{col 40}{space 1}   -2.67{col 49}{space 3}0.008{col 57}{space 4}-31.74342{col 70}{space 3}-4.800068
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -21.6189{col 29}{space 2} 7.219871{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4}-35.81058{col 70}{space 3}-7.427215
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-23.71161{col 29}{space 2} 7.992436{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-39.42188{col 70}{space 3}-8.001346
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-21.01635{col 29}{space 2} 8.747879{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-38.21155{col 70}{space 3}-3.821156
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-25.64284{col 29}{space 2} 8.832899{col 40}{space 1}   -2.90{col 49}{space 3}0.004{col 57}{space 4}-43.00516{col 70}{space 3}-8.280527
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -30.6123{col 29}{space 2} 8.866471{col 40}{space 1}   -3.45{col 49}{space 3}0.001{col 57}{space 4}-48.04061{col 70}{space 3}-13.18399
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.89901{col 29}{space 2} 9.621095{col 40}{space 1}   -2.90{col 49}{space 3}0.004{col 57}{space 4}-46.81063{col 70}{space 3}-8.987378
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-33.81744{col 29}{space 2} 10.30781{col 40}{space 1}   -3.28{col 49}{space 3}0.001{col 57}{space 4} -54.0789{col 70}{space 3}-13.55599
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-30.67097{col 29}{space 2} 10.69405{col 40}{space 1}   -2.87{col 49}{space 3}0.004{col 57}{space 4}-51.69165{col 70}{space 3} -9.65029
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-28.56223{col 29}{space 2} 10.73444{col 40}{space 1}   -2.66{col 49}{space 3}0.008{col 57}{space 4}-49.66229{col 70}{space 3}-7.462175
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.02708{col 29}{space 2} 10.82067{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-48.29663{col 70}{space 3} -5.75752
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-16.25395{col 29}{space 2} 7.263128{col 40}{space 1}   -2.24{col 49}{space 3}0.026{col 57}{space 4}-30.53066{col 70}{space 3}-1.977241
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       476{col 27}-1591.914{col 38} -1483.79{col 49}    57{col 58} 3081.581{col 69} 3319.009
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.B: SOUTHERN STATES (N = 14): FULL TIME PERIOD *** ARDL (4,3)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       490
{txt}maximum lag: {res}6{col 49}{txt}F( 55,       434){col 67}= {res}     43.21
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1948293{col 29}{space 2} .0458791{col 40}{space 1}   -4.25{col 49}{space 3}0.000{col 57}{space 4}-.2850021{col 70}{space 3}-.1046565
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  3.15625{col 29}{space 2} .8807598{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 1.425165{col 70}{space 3} 4.887335
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1242381{col 29}{space 2} .0740966{col 40}{space 1}    1.68{col 49}{space 3}0.094{col 57}{space 4}-.0213948{col 70}{space 3} .2698709
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.448123{col 29}{space 2} 1.106114{col 40}{space 1}    1.31{col 49}{space 3}0.191{col 57}{space 4}-.7258823{col 70}{space 3} 3.622129
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0100871{col 29}{space 2} .0530333{col 40}{space 1}   -0.19{col 49}{space 3}0.849{col 57}{space 4}-.1143212{col 70}{space 3}  .094147
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.061238{col 29}{space 2} .9377766{col 40}{space 1}   -1.13{col 49}{space 3}0.258{col 57}{space 4}-2.904387{col 70}{space 3}   .78191
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0926102{col 29}{space 2} .0501574{col 40}{space 1}   -1.85{col 49}{space 3}0.066{col 57}{space 4}-.1911918{col 70}{space 3} .0059714
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.4136449{col 29}{space 2} 1.030563{col 40}{space 1}   -0.40{col 49}{space 3}0.688{col 57}{space 4}-2.439161{col 70}{space 3} 1.611871
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-59.90038{col 29}{space 2} 24.51381{col 40}{space 1}   -2.44{col 49}{space 3}0.015{col 57}{space 4}-108.0809{col 70}{space 3}-11.71983
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 292.0117{col 29}{space 2} 76.00846{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 142.6212{col 70}{space 3} 441.4021
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 112.2374{col 29}{space 2} 35.15633{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 43.13959{col 70}{space 3} 181.3353
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-86.04942{col 29}{space 2} 46.29743{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-177.0445{col 70}{space 3} 4.945648
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 118.9429{col 29}{space 2}  38.6707{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4} 42.93771{col 70}{space 3}  194.948
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-175.6385{col 29}{space 2} 45.39656{col 40}{space 1}   -3.87{col 49}{space 3}0.000{col 57}{space 4}-264.8629{col 70}{space 3}-86.41402
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 44.35697{col 29}{space 2}  27.9258{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-10.52966{col 70}{space 3}  99.2436
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 155.1637{col 29}{space 2} 49.00041{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 58.85613{col 70}{space 3} 251.4714
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-22.46945{col 29}{space 2} 27.05635{col 40}{space 1}   -0.83{col 49}{space 3}0.407{col 57}{space 4}-75.64722{col 70}{space 3} 30.70832
{txt}{space 12}47  {c |}{col 17}{res}{space 2} -71.1399{col 29}{space 2}  43.2518{col 40}{space 1}   -1.64{col 49}{space 3}0.101{col 57}{space 4}-156.1489{col 70}{space 3} 13.86914
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 330.9805{col 29}{space 2} 76.28485{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 181.0468{col 70}{space 3} 480.9142
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 307.9776{col 29}{space 2} 72.18557{col 40}{space 1}    4.27{col 49}{space 3}0.000{col 57}{space 4} 166.1008{col 70}{space 3} 449.8544
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-88.90118{col 29}{space 2} 45.32999{col 40}{space 1}   -1.96{col 49}{space 3}0.050{col 57}{space 4}-177.9948{col 70}{space 3} .1924337
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-16.56599{col 29}{space 2} 76.31939{col 40}{space 1}   -0.22{col 49}{space 3}0.828{col 57}{space 4}-166.5676{col 70}{space 3} 133.4356
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 383.1989{col 29}{space 2} 77.02709{col 40}{space 1}    4.97{col 49}{space 3}0.000{col 57}{space 4} 231.8064{col 70}{space 3} 534.5914
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 125.7079{col 29}{space 2} 92.12656{col 40}{space 1}    1.36{col 49}{space 3}0.173{col 57}{space 4}-55.36175{col 70}{space 3} 306.7777
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 420.6475{col 29}{space 2} 73.40719{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 276.3697{col 70}{space 3} 564.9253
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 423.7208{col 29}{space 2} 60.72014{col 40}{space 1}    6.98{col 49}{space 3}0.000{col 57}{space 4} 304.3787{col 70}{space 3} 543.0629
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 452.8096{col 29}{space 2} 50.72676{col 40}{space 1}    8.93{col 49}{space 3}0.000{col 57}{space 4}  353.109{col 70}{space 3} 552.5103
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 493.8013{col 29}{space 2} 51.03534{col 40}{space 1}    9.68{col 49}{space 3}0.000{col 57}{space 4} 393.4942{col 70}{space 3} 594.1085
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 310.9473{col 29}{space 2} 52.60181{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 207.5613{col 70}{space 3} 414.3333
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 714.5671{col 29}{space 2} 61.16435{col 40}{space 1}   11.68{col 49}{space 3}0.000{col 57}{space 4} 594.3519{col 70}{space 3} 834.7823
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 615.4423{col 29}{space 2} 65.82684{col 40}{space 1}    9.35{col 49}{space 3}0.000{col 57}{space 4} 486.0632{col 70}{space 3} 744.8213
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 425.6728{col 29}{space 2} 71.08899{col 40}{space 1}    5.99{col 49}{space 3}0.000{col 57}{space 4} 285.9513{col 70}{space 3} 565.3943
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 523.0661{col 29}{space 2} 70.09191{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 385.3043{col 70}{space 3} 660.8279
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 691.0136{col 29}{space 2} 72.90175{col 40}{space 1}    9.48{col 49}{space 3}0.000{col 57}{space 4} 547.7292{col 70}{space 3}  834.298
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}   493.87{col 29}{space 2} 78.42585{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 339.7283{col 70}{space 3} 648.0117
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 657.9897{col 29}{space 2} 82.80453{col 40}{space 1}    7.95{col 49}{space 3}0.000{col 57}{space 4}  495.242{col 70}{space 3} 820.7375
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 734.0717{col 29}{space 2}  80.3363{col 40}{space 1}    9.14{col 49}{space 3}0.000{col 57}{space 4} 576.1751{col 70}{space 3} 891.9683
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 769.3903{col 29}{space 2} 88.23703{col 40}{space 1}    8.72{col 49}{space 3}0.000{col 57}{space 4} 595.9652{col 70}{space 3} 942.8153
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 905.0864{col 29}{space 2} 90.62169{col 40}{space 1}    9.99{col 49}{space 3}0.000{col 57}{space 4} 726.9745{col 70}{space 3} 1083.198
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1013.263{col 29}{space 2}  94.9928{col 40}{space 1}   10.67{col 49}{space 3}0.000{col 57}{space 4} 826.5596{col 70}{space 3} 1199.966
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1073.958{col 29}{space 2} 106.3462{col 40}{space 1}   10.10{col 49}{space 3}0.000{col 57}{space 4} 864.9406{col 70}{space 3} 1282.976
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1102.098{col 29}{space 2} 114.9166{col 40}{space 1}    9.59{col 49}{space 3}0.000{col 57}{space 4} 876.2352{col 70}{space 3}  1327.96
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1201.202{col 29}{space 2} 128.6342{col 40}{space 1}    9.34{col 49}{space 3}0.000{col 57}{space 4} 948.3786{col 70}{space 3} 1454.026
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1202.529{col 29}{space 2}  148.302{col 40}{space 1}    8.11{col 49}{space 3}0.000{col 57}{space 4} 911.0499{col 70}{space 3} 1494.009
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1124.858{col 29}{space 2} 158.9433{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4} 812.4632{col 70}{space 3} 1437.252
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1258.325{col 29}{space 2} 168.5727{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 927.0043{col 70}{space 3} 1589.645
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1580.144{col 29}{space 2}  186.536{col 40}{space 1}    8.47{col 49}{space 3}0.000{col 57}{space 4} 1213.517{col 70}{space 3}  1946.77
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1579.91{col 29}{space 2} 203.2436{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 1180.446{col 70}{space 3} 1979.374
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1101.179{col 29}{space 2} 206.3543{col 40}{space 1}    5.34{col 49}{space 3}0.000{col 57}{space 4} 695.6012{col 70}{space 3} 1506.757
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1214.629{col 29}{space 2} 223.2919{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 775.7608{col 70}{space 3} 1653.497
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1686.028{col 29}{space 2} 232.1647{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 1229.721{col 70}{space 3} 2142.335
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1527.409{col 29}{space 2} 250.4154{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4} 1035.231{col 70}{space 3} 2019.586
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1741.269{col 29}{space 2} 260.5049{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 1229.261{col 70}{space 3} 2253.277
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1431.244{col 29}{space 2} 259.4365{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 921.3358{col 70}{space 3} 1941.152
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1184.017{col 29}{space 2} 279.7657{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 634.1526{col 70}{space 3} 1733.881
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 477.1408{col 29}{space 2} 173.3358{col 40}{space 1}    2.75{col 49}{space 3}0.006{col 57}{space 4} 136.4587{col 70}{space 3} 817.8228
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       490
{txt}maximum lag: {res}6{col 49}{txt}F( 55,       434){col 67}= {res}      3.69
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1860969{col 29}{space 2} .0330009{col 40}{space 1}   -5.64{col 49}{space 3}0.000{col 57}{space 4}-.2509583{col 70}{space 3}-.1212355
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0043613{col 29}{space 2} .0013172{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} .0017723{col 70}{space 3} .0069502
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0189123{col 29}{space 2}  .033028{col 40}{space 1}    0.57{col 49}{space 3}0.567{col 57}{space 4}-.0460024{col 70}{space 3}  .083827
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033988{col 29}{space 2} .0027008{col 40}{space 1}    1.26{col 49}{space 3}0.209{col 57}{space 4}-.0019095{col 70}{space 3} .0087071
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1917277{col 29}{space 2} .0659622{col 40}{space 1}   -2.91{col 49}{space 3}0.004{col 57}{space 4}-.3213728{col 70}{space 3}-.0620827
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0039723{col 29}{space 2} .0027673{col 40}{space 1}    1.44{col 49}{space 3}0.152{col 57}{space 4}-.0014667{col 70}{space 3} .0094112
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0034254{col 29}{space 2} .0300492{col 40}{space 1}    0.11{col 49}{space 3}0.909{col 57}{space 4}-.0556347{col 70}{space 3} .0624856
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0024099{col 29}{space 2} .0016073{col 40}{space 1}   -1.50{col 49}{space 3}0.134{col 57}{space 4}-.0055689{col 70}{space 3}  .000749
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.477367{col 29}{space 2} 1.106114{col 40}{space 1}    1.34{col 49}{space 3}0.182{col 57}{space 4}  -.69664{col 70}{space 3} 3.651374
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.635429{col 29}{space 2} 2.837843{col 40}{space 1}   -0.58{col 49}{space 3}0.565{col 57}{space 4}-7.213053{col 70}{space 3} 3.942195
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.6974182{col 29}{space 2} 1.089687{col 40}{space 1}   -0.64{col 49}{space 3}0.522{col 57}{space 4}-2.839138{col 70}{space 3} 1.444302
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.332451{col 29}{space 2} 2.181071{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 3.045675{col 70}{space 3} 11.61923
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.145696{col 29}{space 2} 1.199694{col 40}{space 1}   -1.79{col 49}{space 3}0.074{col 57}{space 4}-4.503629{col 70}{space 3} .2122378
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.235653{col 29}{space 2} 1.473382{col 40}{space 1}    2.87{col 49}{space 3}0.004{col 57}{space 4} 1.339802{col 70}{space 3} 7.131505
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.372619{col 29}{space 2} 1.191015{col 40}{space 1}    1.15{col 49}{space 3}0.250{col 57}{space 4}-.9682547{col 70}{space 3} 3.713493
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.086057{col 29}{space 2} 1.460906{col 40}{space 1}    0.74{col 49}{space 3}0.458{col 57}{space 4}-1.785273{col 70}{space 3} 3.957387
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.672952{col 29}{space 2} .9447804{col 40}{space 1}    1.77{col 49}{space 3}0.077{col 57}{space 4}-.1839622{col 70}{space 3} 3.529866
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.483301{col 29}{space 2} 2.050164{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4} 4.453815{col 70}{space 3} 12.51279
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -5.43464{col 29}{space 2} 2.298069{col 40}{space 1}   -2.36{col 49}{space 3}0.018{col 57}{space 4}-9.951368{col 70}{space 3} -.917912
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-2.539965{col 29}{space 2} 1.912034{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-6.297962{col 70}{space 3} 1.218032
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.177075{col 29}{space 2} 2.267611{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4}  2.72021{col 70}{space 3} 11.63394
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.731921{col 29}{space 2} 1.688487{col 40}{space 1}    1.62{col 49}{space 3}0.106{col 57}{space 4}-.5867077{col 70}{space 3}  6.05055
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} .5769503{col 29}{space 2} 1.889354{col 40}{space 1}    0.31{col 49}{space 3}0.760{col 57}{space 4}-3.136472{col 70}{space 3} 4.290372
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-3.557736{col 29}{space 2} 2.521222{col 40}{space 1}   -1.41{col 49}{space 3}0.159{col 57}{space 4}-8.513059{col 70}{space 3} 1.397587
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.839281{col 29}{space 2} 2.463238{col 40}{space 1}   -0.75{col 49}{space 3}0.456{col 57}{space 4}-6.680639{col 70}{space 3} 3.002077
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -2.96995{col 29}{space 2} 2.472489{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-7.829491{col 70}{space 3} 1.889591
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.285561{col 29}{space 2} 2.113887{col 40}{space 1}   -1.08{col 49}{space 3}0.280{col 57}{space 4}-6.440289{col 70}{space 3} 1.869168
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.198979{col 29}{space 2}  2.12593{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-5.377379{col 70}{space 3}  2.97942
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-3.370602{col 29}{space 2} 1.644661{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-6.603094{col 70}{space 3}-.1381105
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} -4.00579{col 29}{space 2} 2.208925{col 40}{space 1}   -1.81{col 49}{space 3}0.070{col 57}{space 4} -8.34731{col 70}{space 3} .3357302
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-6.720637{col 29}{space 2} 2.624212{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-11.87838{col 70}{space 3}-1.562892
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-3.197355{col 29}{space 2} 2.062058{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-7.250217{col 70}{space 3} .8555065
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-4.116038{col 29}{space 2} 1.812269{col 40}{space 1}   -2.27{col 49}{space 3}0.024{col 57}{space 4}-7.677953{col 70}{space 3}-.5541233
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-10.33762{col 29}{space 2} 3.178689{col 40}{space 1}   -3.25{col 49}{space 3}0.001{col 57}{space 4}-16.58516{col 70}{space 3}-4.090083
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-8.053209{col 29}{space 2}   2.2737{col 40}{space 1}   -3.54{col 49}{space 3}0.000{col 57}{space 4}-12.52204{col 70}{space 3}-3.584378
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.120457{col 29}{space 2} 2.612628{col 40}{space 1}   -2.34{col 49}{space 3}0.020{col 57}{space 4}-11.25543{col 70}{space 3}-.9854803
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-8.019123{col 29}{space 2} 2.693741{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-13.31352{col 70}{space 3}-2.724722
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-5.426274{col 29}{space 2} 2.895864{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-11.11794{col 70}{space 3} .2653878
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.052093{col 29}{space 2} 3.442173{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-13.81749{col 70}{space 3}-.2866913
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.18197{col 29}{space 2} 3.726887{col 40}{space 1}   -3.00{col 49}{space 3}0.003{col 57}{space 4}-18.50697{col 70}{space 3}-3.856982
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -10.9892{col 29}{space 2} 3.675319{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4}-18.21283{col 70}{space 3}-3.765559
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-2.162499{col 29}{space 2} 5.884095{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4}-13.72736{col 70}{space 3} 9.402366
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -11.8528{col 29}{space 2} 4.317972{col 40}{space 1}   -2.74{col 49}{space 3}0.006{col 57}{space 4}-20.33954{col 70}{space 3}-3.366067
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-10.20435{col 29}{space 2} 5.279533{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-20.58098{col 70}{space 3} .1722811
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.95804{col 29}{space 2} 4.702903{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-23.20134{col 70}{space 3}-4.714745
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-17.34609{col 29}{space 2} 5.046808{col 40}{space 1}   -3.44{col 49}{space 3}0.001{col 57}{space 4}-27.26531{col 70}{space 3}-7.426866
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.20319{col 29}{space 2}  5.72025{col 40}{space 1}   -3.36{col 49}{space 3}0.001{col 57}{space 4}-30.44603{col 70}{space 3}-7.960353
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-16.24008{col 29}{space 2} 5.979678{col 40}{space 1}   -2.72{col 49}{space 3}0.007{col 57}{space 4} -27.9928{col 70}{space 3}-4.487348
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-20.59792{col 29}{space 2} 6.163537{col 40}{space 1}   -3.34{col 49}{space 3}0.001{col 57}{space 4}-32.71201{col 70}{space 3}-8.483827
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-25.60334{col 29}{space 2} 7.734784{col 40}{space 1}   -3.31{col 49}{space 3}0.001{col 57}{space 4}-40.80564{col 70}{space 3}-10.40105
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-22.89741{col 29}{space 2} 6.751164{col 40}{space 1}   -3.39{col 49}{space 3}0.001{col 57}{space 4}-36.16645{col 70}{space 3}-9.628365
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-28.84518{col 29}{space 2} 7.647628{col 40}{space 1}   -3.77{col 49}{space 3}0.000{col 57}{space 4}-43.87617{col 70}{space 3}-13.81419
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-25.52459{col 29}{space 2} 7.355759{col 40}{space 1}   -3.47{col 49}{space 3}0.001{col 57}{space 4}-39.98193{col 70}{space 3}-11.06725
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-22.77147{col 29}{space 2} 7.572007{col 40}{space 1}   -3.01{col 49}{space 3}0.003{col 57}{space 4}-37.65383{col 70}{space 3}-7.889105
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-21.54323{col 29}{space 2} 7.678388{col 40}{space 1}   -2.81{col 49}{space 3}0.005{col 57}{space 4}-36.63468{col 70}{space 3} -6.45178
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-16.95069{col 29}{space 2} 5.590473{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-27.93846{col 70}{space 3}-5.962926
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.C: SOUTHERN STATES (N = 14): FULL TIME PERIOD *** ARDL (1,1)
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       532
{txt}maximum lag: {res}6{col 49}{txt}F( 53,       478){col 67}= {res}     36.69
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1846225{col 29}{space 2} .0327053{col 40}{space 1}   -5.65{col 49}{space 3}0.000{col 57}{space 4}-.2488863{col 70}{space 3}-.1203586
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.419569{col 29}{space 2} .8061992{col 40}{space 1}    3.00{col 49}{space 3}0.003{col 57}{space 4} .8354365{col 70}{space 3} 4.003701
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .7739594{col 29}{space 2} 1.109799{col 40}{space 1}    0.70{col 49}{space 3}0.486{col 57}{space 4}-1.406727{col 70}{space 3} 2.954646
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-57.42076{col 29}{space 2} 21.77044{col 40}{space 1}   -2.64{col 49}{space 3}0.009{col 57}{space 4}-100.1984{col 70}{space 3}-14.64316
{txt}{space 12}12  {c |}{col 17}{res}{space 2}  309.917{col 29}{space 2} 60.95053{col 40}{space 1}    5.08{col 49}{space 3}0.000{col 57}{space 4} 190.1529{col 70}{space 3} 429.6811
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 114.5593{col 29}{space 2} 28.57511{col 40}{space 1}    4.01{col 49}{space 3}0.000{col 57}{space 4} 58.41097{col 70}{space 3} 170.7077
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-54.70464{col 29}{space 2} 46.32407{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-145.7286{col 70}{space 3} 36.31935
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 118.0596{col 29}{space 2} 34.30129{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 50.65962{col 70}{space 3} 185.4595
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-171.6856{col 29}{space 2} 33.23793{col 40}{space 1}   -5.17{col 49}{space 3}0.000{col 57}{space 4}-236.9961{col 70}{space 3} -106.375
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 47.20204{col 29}{space 2} 26.26249{col 40}{space 1}    1.80{col 49}{space 3}0.073{col 57}{space 4}-4.402148{col 70}{space 3} 98.80623
{txt}{space 12}40  {c |}{col 17}{res}{space 2}  171.136{col 29}{space 2} 42.52197{col 40}{space 1}    4.02{col 49}{space 3}0.000{col 57}{space 4} 87.58289{col 70}{space 3} 254.6891
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-25.22868{col 29}{space 2} 24.81681{col 40}{space 1}   -1.02{col 49}{space 3}0.310{col 57}{space 4}-73.99221{col 70}{space 3} 23.53485
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-25.64898{col 29}{space 2} 42.89456{col 40}{space 1}   -0.60{col 49}{space 3}0.550{col 57}{space 4}-109.9342{col 70}{space 3} 58.63622
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  323.276{col 29}{space 2} 58.20929{col 40}{space 1}    5.55{col 49}{space 3}0.000{col 57}{space 4} 208.8983{col 70}{space 3} 437.6538
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 282.4093{col 29}{space 2} 59.56591{col 40}{space 1}    4.74{col 49}{space 3}0.000{col 57}{space 4} 165.3659{col 70}{space 3} 399.4527
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-54.12016{col 29}{space 2} 46.66104{col 40}{space 1}   -1.16{col 49}{space 3}0.247{col 57}{space 4}-145.8063{col 70}{space 3} 37.56594
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2}-39.00568{col 29}{space 2} 73.38641{col 40}{space 1}   -0.53{col 49}{space 3}0.595{col 57}{space 4}-183.2055{col 70}{space 3} 105.1942
{txt}{space 10}1945  {c |}{col 17}{res}{space 2} -328.218{col 29}{space 2} 80.05356{col 40}{space 1}   -4.10{col 49}{space 3}0.000{col 57}{space 4}-485.5184{col 70}{space 3}-170.9176
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-813.9858{col 29}{space 2} 100.3507{col 40}{space 1}   -8.11{col 49}{space 3}0.000{col 57}{space 4}-1011.169{col 70}{space 3}-616.8027
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-870.7627{col 29}{space 2} 86.63353{col 40}{space 1}  -10.05{col 49}{space 3}0.000{col 57}{space 4}-1040.992{col 70}{space 3}-700.5331
{txt}{space 10}1948  {c |}{col 17}{res}{space 2}-426.2949{col 29}{space 2} 89.12901{col 40}{space 1}   -4.78{col 49}{space 3}0.000{col 57}{space 4}-601.4279{col 70}{space 3}-251.1618
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-575.7723{col 29}{space 2} 86.88338{col 40}{space 1}   -6.63{col 49}{space 3}0.000{col 57}{space 4}-746.4928{col 70}{space 3}-405.0517
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-307.7449{col 29}{space 2} 79.86614{col 40}{space 1}   -3.85{col 49}{space 3}0.000{col 57}{space 4} -464.677{col 70}{space 3}-150.8128
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -319.504{col 29}{space 2}  79.7511{col 40}{space 1}   -4.01{col 49}{space 3}0.000{col 57}{space 4}-476.2101{col 70}{space 3}-162.7979
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-287.5109{col 29}{space 2} 75.59029{col 40}{space 1}   -3.80{col 49}{space 3}0.000{col 57}{space 4}-436.0412{col 70}{space 3}-138.9806
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-272.2754{col 29}{space 2}  79.2576{col 40}{space 1}   -3.44{col 49}{space 3}0.001{col 57}{space 4}-428.0118{col 70}{space 3}-116.5391
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} -455.268{col 29}{space 2} 82.32986{col 40}{space 1}   -5.53{col 49}{space 3}0.000{col 57}{space 4}-617.0411{col 70}{space 3}-293.4948
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-75.72013{col 29}{space 2} 83.01097{col 40}{space 1}   -0.91{col 49}{space 3}0.362{col 57}{space 4}-238.8316{col 70}{space 3} 87.39139
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-125.1862{col 29}{space 2} 90.75495{col 40}{space 1}   -1.38{col 49}{space 3}0.168{col 57}{space 4}-303.5141{col 70}{space 3} 53.14179
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-315.1849{col 29}{space 2} 95.35291{col 40}{space 1}   -3.31{col 49}{space 3}0.001{col 57}{space 4}-502.5476{col 70}{space 3}-127.8222
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -283.609{col 29}{space 2}  93.9221{col 40}{space 1}   -3.02{col 49}{space 3}0.003{col 57}{space 4}-468.1603{col 70}{space 3} -99.0578
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-100.7286{col 29}{space 2} 91.30966{col 40}{space 1}   -1.10{col 49}{space 3}0.271{col 57}{space 4}-280.1465{col 70}{space 3} 78.68935
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-251.7077{col 29}{space 2} 95.00021{col 40}{space 1}   -2.65{col 49}{space 3}0.008{col 57}{space 4}-438.3774{col 70}{space 3}-65.03808
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-118.6364{col 29}{space 2} 96.03509{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-307.3395{col 70}{space 3} 70.06676
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-45.62236{col 29}{space 2} 97.36754{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-236.9437{col 70}{space 3} 145.6989
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 13.60866{col 29}{space 2} 101.6741{col 40}{space 1}    0.13{col 49}{space 3}0.894{col 57}{space 4}-186.1747{col 70}{space 3}  213.392
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 137.2805{col 29}{space 2} 104.9717{col 40}{space 1}    1.31{col 49}{space 3}0.192{col 57}{space 4}-68.98239{col 70}{space 3} 343.5435
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 247.9111{col 29}{space 2} 111.9972{col 40}{space 1}    2.21{col 49}{space 3}0.027{col 57}{space 4} 27.84332{col 70}{space 3} 467.9789
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 313.1966{col 29}{space 2} 122.9458{col 40}{space 1}    2.55{col 49}{space 3}0.011{col 57}{space 4} 71.61558{col 70}{space 3} 554.7776
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 335.6535{col 29}{space 2} 127.3085{col 40}{space 1}    2.64{col 49}{space 3}0.009{col 57}{space 4}  85.5001{col 70}{space 3}  585.807
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 411.4454{col 29}{space 2} 137.4779{col 40}{space 1}    2.99{col 49}{space 3}0.003{col 57}{space 4} 141.3097{col 70}{space 3} 681.5811
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 422.3827{col 29}{space 2} 152.8601{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4} 122.0219{col 70}{space 3} 722.7435
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 341.7428{col 29}{space 2} 159.7527{col 40}{space 1}    2.14{col 49}{space 3}0.033{col 57}{space 4} 27.83833{col 70}{space 3} 655.6472
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  453.487{col 29}{space 2} 161.6518{col 40}{space 1}    2.81{col 49}{space 3}0.005{col 57}{space 4}  135.851{col 70}{space 3}  771.123
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 791.7306{col 29}{space 2} 171.9897{col 40}{space 1}    4.60{col 49}{space 3}0.000{col 57}{space 4} 453.7813{col 70}{space 3}  1129.68
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 836.7857{col 29}{space 2} 190.2684{col 40}{space 1}    4.40{col 49}{space 3}0.000{col 57}{space 4} 462.9199{col 70}{space 3} 1210.652
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 328.6083{col 29}{space 2}  196.994{col 40}{space 1}    1.67{col 49}{space 3}0.096{col 57}{space 4}-58.47294{col 70}{space 3} 715.6895
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}  341.484{col 29}{space 2} 199.8747{col 40}{space 1}    1.71{col 49}{space 3}0.088{col 57}{space 4}-51.25763{col 70}{space 3} 734.2256
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 838.1687{col 29}{space 2} 194.1915{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4} 456.5942{col 70}{space 3} 1219.743
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}   784.68{col 29}{space 2} 208.3749{col 40}{space 1}    3.77{col 49}{space 3}0.000{col 57}{space 4}  375.236{col 70}{space 3} 1194.124
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 969.2079{col 29}{space 2} 218.6596{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 539.5551{col 70}{space 3} 1398.861
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 627.8154{col 29}{space 2}  227.412{col 40}{space 1}    2.76{col 49}{space 3}0.006{col 57}{space 4} 180.9645{col 70}{space 3} 1074.666
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 336.4256{col 29}{space 2} 222.6356{col 40}{space 1}    1.51{col 49}{space 3}0.131{col 57}{space 4}-101.0399{col 70}{space 3} 773.8911
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1196.107{col 29}{space 2} 126.8594{col 40}{space 1}    9.43{col 49}{space 3}0.000{col 57}{space 4} 946.8362{col 70}{space 3} 1445.378
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       532
{txt}maximum lag: {res}6{col 49}{txt}F( 53,       478){col 67}= {res}      3.26
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2115741{col 29}{space 2} .0391904{col 40}{space 1}   -5.40{col 49}{space 3}0.000{col 57}{space 4}-.2885809{col 70}{space 3}-.1345674
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0043719{col 29}{space 2} .0015167{col 40}{space 1}    2.88{col 49}{space 3}0.004{col 57}{space 4} .0013917{col 70}{space 3}  .007352
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0018258{col 29}{space 2} .0026531{col 40}{space 1}    0.69{col 49}{space 3}0.492{col 57}{space 4}-.0033873{col 70}{space 3} .0070389
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.588014{col 29}{space 2} 1.061388{col 40}{space 1}    1.50{col 49}{space 3}0.135{col 57}{space 4}-.4975482{col 70}{space 3} 3.673577
{txt}{space 12}12  {c |}{col 17}{res}{space 2} -1.77558{col 29}{space 2} 2.835276{col 40}{space 1}   -0.63{col 49}{space 3}0.531{col 57}{space 4}-7.346725{col 70}{space 3} 3.795565
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.5884603{col 29}{space 2} 1.110388{col 40}{space 1}   -0.53{col 49}{space 3}0.596{col 57}{space 4}-2.770305{col 70}{space 3} 1.593385
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 9.907802{col 29}{space 2} 2.461594{col 40}{space 1}    4.02{col 49}{space 3}0.000{col 57}{space 4} 5.070919{col 70}{space 3} 14.74469
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.199515{col 29}{space 2} 1.191541{col 40}{space 1}   -1.85{col 49}{space 3}0.066{col 57}{space 4}-4.540822{col 70}{space 3}  .141791
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.115098{col 29}{space 2} 1.607656{col 40}{space 1}    2.56{col 49}{space 3}0.011{col 57}{space 4} .9561507{col 70}{space 3} 7.274045
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 2.111405{col 29}{space 2}  1.09236{col 40}{space 1}    1.93{col 49}{space 3}0.054{col 57}{space 4}-.0350166{col 70}{space 3} 4.257826
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 2.401512{col 29}{space 2} 1.548822{col 40}{space 1}    1.55{col 49}{space 3}0.122{col 57}{space 4}-.6418291{col 70}{space 3} 5.444852
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.591811{col 29}{space 2} .8945907{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-.1660056{col 70}{space 3} 3.349627
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 9.481166{col 29}{space 2} 2.081045{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4}  5.39204{col 70}{space 3} 13.57029
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -5.47203{col 29}{space 2} 2.530643{col 40}{space 1}   -2.16{col 49}{space 3}0.031{col 57}{space 4}-10.44459{col 70}{space 3}-.4994693
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.912562{col 29}{space 2} 2.131761{col 40}{space 1}   -0.90{col 49}{space 3}0.370{col 57}{space 4}-6.101343{col 70}{space 3} 2.276219
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 9.718763{col 29}{space 2} 2.671263{col 40}{space 1}    3.64{col 49}{space 3}0.000{col 57}{space 4} 4.469894{col 70}{space 3} 14.96763
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1944  {c |}{col 17}{res}{space 2}-3.790121{col 29}{space 2} 4.092023{col 40}{space 1}   -0.93{col 49}{space 3}0.355{col 57}{space 4} -11.8307{col 70}{space 3} 4.250457
{txt}{space 10}1945  {c |}{col 17}{res}{space 2}-7.625616{col 29}{space 2}   4.3936{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-16.25877{col 70}{space 3} 1.007541
{txt}{space 10}1946  {c |}{col 17}{res}{space 2}-7.427586{col 29}{space 2} 4.376074{col 40}{space 1}   -1.70{col 49}{space 3}0.090{col 57}{space 4}-16.02631{col 70}{space 3} 1.171134
{txt}{space 10}1947  {c |}{col 17}{res}{space 2}-5.223503{col 29}{space 2} 4.136063{col 40}{space 1}   -1.26{col 49}{space 3}0.207{col 57}{space 4}-13.35062{col 70}{space 3}  2.90361
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} -5.23441{col 29}{space 2} 3.343608{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4} -11.8044{col 70}{space 3} 1.335577
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} -7.78525{col 29}{space 2} 4.028208{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-15.70043{col 70}{space 3} .1299347
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-7.545948{col 29}{space 2} 3.650429{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-14.71882{col 70}{space 3}-.3730767
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-6.874405{col 29}{space 2}  3.64997{col 40}{space 1}   -1.88{col 49}{space 3}0.060{col 57}{space 4}-14.04638{col 70}{space 3} .2975645
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-7.244126{col 29}{space 2}    3.807{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-14.72465{col 70}{space 3} .2363972
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-6.381081{col 29}{space 2} 4.030308{col 40}{space 1}   -1.58{col 49}{space 3}0.114{col 57}{space 4}-14.30039{col 70}{space 3} 1.538229
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-8.917499{col 29}{space 2} 4.254497{col 40}{space 1}   -2.10{col 49}{space 3}0.037{col 57}{space 4}-17.27733{col 70}{space 3}-.5576709
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-10.08646{col 29}{space 2} 4.075091{col 40}{space 1}   -2.48{col 49}{space 3}0.014{col 57}{space 4}-18.09377{col 70}{space 3}-2.079156
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-10.46625{col 29}{space 2} 4.388373{col 40}{space 1}   -2.38{col 49}{space 3}0.017{col 57}{space 4}-19.08913{col 70}{space 3} -1.84336
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} -8.57139{col 29}{space 2} 4.977684{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-18.35224{col 70}{space 3} 1.209457
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -10.1793{col 29}{space 2} 4.642304{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-19.30114{col 70}{space 3}-1.057452
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-15.92593{col 29}{space 2} 5.146888{col 40}{space 1}   -3.09{col 49}{space 3}0.002{col 57}{space 4}-26.03925{col 70}{space 3}-5.812606
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-13.17501{col 29}{space 2} 5.029864{col 40}{space 1}   -2.62{col 49}{space 3}0.009{col 57}{space 4}-23.05838{col 70}{space 3}-3.291628
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-11.15157{col 29}{space 2} 5.045914{col 40}{space 1}   -2.21{col 49}{space 3}0.028{col 57}{space 4}-21.06648{col 70}{space 3}-1.236653
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-12.73274{col 29}{space 2} 5.084033{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-22.72256{col 70}{space 3}-2.742927
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-10.67911{col 29}{space 2} 5.481451{col 40}{space 1}   -1.95{col 49}{space 3}0.052{col 57}{space 4}-21.44983{col 70}{space 3}  .091607
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.78945{col 29}{space 2}  5.60547{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4}-22.80386{col 70}{space 3}  -.77504
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-16.02944{col 29}{space 2} 6.109882{col 40}{space 1}   -2.62{col 49}{space 3}0.009{col 57}{space 4}-28.03499{col 70}{space 3}-4.023898
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-15.77335{col 29}{space 2} 6.406514{col 40}{space 1}   -2.46{col 49}{space 3}0.014{col 57}{space 4}-28.36176{col 70}{space 3}-3.184937
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-6.441813{col 29}{space 2}  8.82899{col 40}{space 1}   -0.73{col 49}{space 3}0.466{col 57}{space 4}-23.79024{col 70}{space 3} 10.90662
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-16.09913{col 29}{space 2} 7.185251{col 40}{space 1}   -2.24{col 49}{space 3}0.026{col 57}{space 4}-30.21771{col 70}{space 3}-1.980548
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-16.51093{col 29}{space 2} 7.957787{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4} -32.1475{col 70}{space 3}-.8743649
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.62667{col 29}{space 2} 7.979549{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}  -34.306{col 70}{space 3}-2.947342
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-22.50803{col 29}{space 2} 8.322826{col 40}{space 1}   -2.70{col 49}{space 3}0.007{col 57}{space 4}-38.86188{col 70}{space 3}-6.154185
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-23.12874{col 29}{space 2} 8.887358{col 40}{space 1}   -2.60{col 49}{space 3}0.010{col 57}{space 4}-40.59186{col 70}{space 3}-5.665623
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-18.71094{col 29}{space 2} 9.403089{col 40}{space 1}   -1.99{col 49}{space 3}0.047{col 57}{space 4}-37.18744{col 70}{space 3}-.2344448
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-24.92154{col 29}{space 2} 9.858486{col 40}{space 1}   -2.53{col 49}{space 3}0.012{col 57}{space 4}-44.29287{col 70}{space 3}-5.550213
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-33.55298{col 29}{space 2}    11.06{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-55.28521{col 70}{space 3}-11.82076
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} -27.7126{col 29}{space 2} 10.14562{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-47.64813{col 70}{space 3} -7.77708
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-30.14296{col 29}{space 2} 10.74322{col 40}{space 1}   -2.81{col 49}{space 3}0.005{col 57}{space 4}-51.25275{col 70}{space 3}-9.033181
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-30.03761{col 29}{space 2} 11.20499{col 40}{space 1}   -2.68{col 49}{space 3}0.008{col 57}{space 4}-52.05474{col 70}{space 3}-8.020479
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-26.90825{col 29}{space 2} 11.52544{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}-49.55503{col 70}{space 3}-4.261459
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-28.26286{col 29}{space 2} 11.28817{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-50.44342{col 70}{space 3}-6.082296
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -11.5989{col 29}{space 2} 5.297157{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-22.00749{col 70}{space 3}-1.190305
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 2.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       476
{txt}maximum lag: {res}6{col 49}{txt}F( 56,       419){col 67}= {res}     37.27
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2123968{col 29}{space 2} .0522285{col 40}{space 1}   -4.07{col 49}{space 3}0.000{col 57}{space 4}-.3150592{col 70}{space 3}-.1097343
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 3.049069{col 29}{space 2} .9464767{col 40}{space 1}    3.22{col 49}{space 3}0.001{col 57}{space 4} 1.188635{col 70}{space 3} 4.909503
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1439468{col 29}{space 2} .0773898{col 40}{space 1}    1.86{col 49}{space 3}0.064{col 57}{space 4}-.0081738{col 70}{space 3} .2960674
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.401842{col 29}{space 2}  1.14169{col 40}{space 1}    1.23{col 49}{space 3}0.220{col 57}{space 4} -.842312{col 70}{space 3} 3.645996
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0280544{col 29}{space 2} .0544838{col 40}{space 1}    0.51{col 49}{space 3}0.607{col 57}{space 4}-.0790414{col 70}{space 3} .1351501
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.8680478{col 29}{space 2} .9496938{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-2.734806{col 70}{space 3}   .99871
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0446674{col 29}{space 2} .0480852{col 40}{space 1}   -0.93{col 49}{space 3}0.353{col 57}{space 4}-.1391857{col 70}{space 3} .0498509
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.5885424{col 29}{space 2} 1.097892{col 40}{space 1}   -0.54{col 49}{space 3}0.592{col 57}{space 4}-2.746604{col 70}{space 3} 1.569519
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0901361{col 29}{space 2} .0496525{col 40}{space 1}    1.82{col 49}{space 3}0.070{col 57}{space 4}-.0074629{col 70}{space 3} .1877351
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1089511{col 29}{space 2} .7763913{col 40}{space 1}    0.14{col 49}{space 3}0.888{col 57}{space 4}-1.417156{col 70}{space 3} 1.635058
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-71.41431{col 29}{space 2}  25.2501{col 40}{space 1}   -2.83{col 49}{space 3}0.005{col 57}{space 4} -121.047{col 70}{space 3}-21.78166
{txt}{space 12}12  {c |}{col 17}{res}{space 2}  323.936{col 29}{space 2} 83.47056{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4} 159.8628{col 70}{space 3} 488.0092
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 126.1748{col 29}{space 2} 36.40009{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 54.62522{col 70}{space 3} 197.7243
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-78.66354{col 29}{space 2} 46.02299{col 40}{space 1}   -1.71{col 49}{space 3}0.088{col 57}{space 4}-169.1283{col 70}{space 3} 11.80117
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 132.6611{col 29}{space 2} 39.60169{col 40}{space 1}    3.35{col 49}{space 3}0.001{col 57}{space 4} 54.81834{col 70}{space 3} 210.5038
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-193.4345{col 29}{space 2} 50.56784{col 40}{space 1}   -3.83{col 49}{space 3}0.000{col 57}{space 4}-292.8328{col 70}{space 3}-94.03624
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 45.92295{col 29}{space 2} 26.44544{col 40}{space 1}    1.74{col 49}{space 3}0.083{col 57}{space 4}-6.059322{col 70}{space 3} 97.90522
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 177.9234{col 29}{space 2} 51.06044{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4} 77.55682{col 70}{space 3} 278.2899
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-29.95951{col 29}{space 2} 24.46102{col 40}{space 1}   -1.22{col 49}{space 3}0.221{col 57}{space 4}-78.04112{col 70}{space 3}  18.1221
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-58.21801{col 29}{space 2} 42.31468{col 40}{space 1}   -1.38{col 49}{space 3}0.170{col 57}{space 4}-141.3935{col 70}{space 3}  24.9575
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  357.755{col 29}{space 2} 85.19314{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 190.2958{col 70}{space 3} 525.2142
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 330.6969{col 29}{space 2} 76.80906{col 40}{space 1}    4.31{col 49}{space 3}0.000{col 57}{space 4} 179.7178{col 70}{space 3}  481.676
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -81.3277{col 29}{space 2} 44.52791{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-168.8536{col 70}{space 3} 6.198229
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 443.0836{col 29}{space 2} 72.36919{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 300.8317{col 70}{space 3} 585.3355
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  235.235{col 29}{space 2} 100.8368{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4} 37.02585{col 70}{space 3} 433.4441
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 558.0936{col 29}{space 2} 102.2514{col 40}{space 1}    5.46{col 49}{space 3}0.000{col 57}{space 4}  357.104{col 70}{space 3} 759.0832
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 539.8252{col 29}{space 2} 91.32689{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 360.3093{col 70}{space 3} 719.3412
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 524.8903{col 29}{space 2} 72.25349{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 382.8658{col 70}{space 3} 666.9148
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 574.2851{col 29}{space 2} 76.12277{col 40}{space 1}    7.54{col 49}{space 3}0.000{col 57}{space 4}  424.655{col 70}{space 3} 723.9152
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 372.3936{col 29}{space 2} 71.23602{col 40}{space 1}    5.23{col 49}{space 3}0.000{col 57}{space 4} 232.3691{col 70}{space 3} 512.4182
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 785.3809{col 29}{space 2} 73.18879{col 40}{space 1}   10.73{col 49}{space 3}0.000{col 57}{space 4}  641.518{col 70}{space 3} 929.2439
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 692.4424{col 29}{space 2} 84.45458{col 40}{space 1}    8.20{col 49}{space 3}0.000{col 57}{space 4} 526.4349{col 70}{space 3} 858.4498
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 505.4099{col 29}{space 2} 87.66023{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4} 333.1013{col 70}{space 3} 677.7185
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 611.7636{col 29}{space 2} 89.10992{col 40}{space 1}    6.87{col 49}{space 3}0.000{col 57}{space 4} 436.6054{col 70}{space 3} 786.9218
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}  759.287{col 29}{space 2} 79.57086{col 40}{space 1}    9.54{col 49}{space 3}0.000{col 57}{space 4} 602.8792{col 70}{space 3} 915.6948
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 582.1604{col 29}{space 2}  90.8802{col 40}{space 1}    6.41{col 49}{space 3}0.000{col 57}{space 4} 403.5224{col 70}{space 3} 760.7983
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 761.0214{col 29}{space 2}  99.1608{col 40}{space 1}    7.67{col 49}{space 3}0.000{col 57}{space 4} 566.1068{col 70}{space 3}  955.936
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 833.7862{col 29}{space 2} 95.96748{col 40}{space 1}    8.69{col 49}{space 3}0.000{col 57}{space 4} 645.1486{col 70}{space 3} 1022.424
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 860.5589{col 29}{space 2} 101.8305{col 40}{space 1}    8.45{col 49}{space 3}0.000{col 57}{space 4} 660.3967{col 70}{space 3} 1060.721
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1008.349{col 29}{space 2} 108.1402{col 40}{space 1}    9.32{col 49}{space 3}0.000{col 57}{space 4} 795.7838{col 70}{space 3} 1220.914
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1105.644{col 29}{space 2} 111.9445{col 40}{space 1}    9.88{col 49}{space 3}0.000{col 57}{space 4} 885.6014{col 70}{space 3} 1325.687
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1162.491{col 29}{space 2} 124.2804{col 40}{space 1}    9.35{col 49}{space 3}0.000{col 57}{space 4}    918.2{col 70}{space 3} 1406.782
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1187.735{col 29}{space 2}  132.821{col 40}{space 1}    8.94{col 49}{space 3}0.000{col 57}{space 4} 926.6563{col 70}{space 3} 1448.813
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1281.861{col 29}{space 2}  144.261{col 40}{space 1}    8.89{col 49}{space 3}0.000{col 57}{space 4}  998.296{col 70}{space 3} 1565.427
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1288.972{col 29}{space 2} 163.5895{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 967.4132{col 70}{space 3}  1610.53
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1215.269{col 29}{space 2} 176.2439{col 40}{space 1}    6.90{col 49}{space 3}0.000{col 57}{space 4} 868.8362{col 70}{space 3} 1561.701
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1359.342{col 29}{space 2} 184.3933{col 40}{space 1}    7.37{col 49}{space 3}0.000{col 57}{space 4} 996.8906{col 70}{space 3} 1721.793
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1688.661{col 29}{space 2} 202.2693{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 1291.072{col 70}{space 3}  2086.25
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1700.088{col 29}{space 2} 223.5283{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4} 1260.711{col 70}{space 3} 2139.464
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1228.074{col 29}{space 2} 232.3312{col 40}{space 1}    5.29{col 49}{space 3}0.000{col 57}{space 4} 771.3938{col 70}{space 3} 1684.754
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1334.438{col 29}{space 2} 246.8366{col 40}{space 1}    5.41{col 49}{space 3}0.000{col 57}{space 4} 849.2454{col 70}{space 3}  1819.63
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1802.451{col 29}{space 2} 251.1601{col 40}{space 1}    7.18{col 49}{space 3}0.000{col 57}{space 4}  1308.76{col 70}{space 3} 2296.141
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1670.866{col 29}{space 2} 272.7903{col 40}{space 1}    6.13{col 49}{space 3}0.000{col 57}{space 4} 1134.658{col 70}{space 3} 2207.074
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1927.982{col 29}{space 2} 292.3608{col 40}{space 1}    6.59{col 49}{space 3}0.000{col 57}{space 4} 1353.306{col 70}{space 3} 2502.659
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1600.811{col 29}{space 2} 295.2826{col 40}{space 1}    5.42{col 49}{space 3}0.000{col 57}{space 4} 1020.392{col 70}{space 3} 2181.231
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1318.602{col 29}{space 2} 303.4829{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 722.0634{col 70}{space 3} 1915.141
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 455.7064{col 29}{space 2} 210.5594{col 40}{space 1}    2.16{col 49}{space 3}0.031{col 57}{space 4} 41.82199{col 70}{space 3} 869.5908
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4280inc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       476
{txt}{hline 13}{c +}{hline 34}   F(56, 419)      = {res}    27.44
{txt}       Model {c |} {res} 21033415.8        56  375596.711   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5735349.31       419  13688.1845   {txt}R-squared       ={res}    0.7857
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7571
{txt}       Total {c |} {res} 26768765.1       475   56355.295   {txt}Root MSE        =   {res}    117

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2123968{col 29}{space 2}  .036773{col 40}{space 1}   -5.78{col 49}{space 3}0.000{col 57}{space 4}-.2846794{col 70}{space 3}-.1401142
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 3.049069{col 29}{space 2} .7410525{col 40}{space 1}    4.11{col 49}{space 3}0.000{col 57}{space 4} 1.592425{col 70}{space 3} 4.505713
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1439468{col 29}{space 2} .0524493{col 40}{space 1}    2.74{col 49}{space 3}0.006{col 57}{space 4} .0408502{col 70}{space 3} .2470434
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.401842{col 29}{space 2} .9792722{col 40}{space 1}    1.43{col 49}{space 3}0.153{col 57}{space 4}-.5230562{col 70}{space 3} 3.326741
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0280544{col 29}{space 2} .0507668{col 40}{space 1}    0.55{col 49}{space 3}0.581{col 57}{space 4}-.0717351{col 70}{space 3} .1278438
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.8680478{col 29}{space 2}  1.05726{col 40}{space 1}   -0.82{col 49}{space 3}0.412{col 57}{space 4}-2.946242{col 70}{space 3} 1.210146
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0446674{col 29}{space 2} .0487562{col 40}{space 1}   -0.92{col 49}{space 3}0.360{col 57}{space 4}-.1405046{col 70}{space 3} .0511698
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.5885424{col 29}{space 2} 1.009044{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-2.571961{col 70}{space 3} 1.394876
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0901361{col 29}{space 2} .0462267{col 40}{space 1}    1.95{col 49}{space 3}0.052{col 57}{space 4} -.000729{col 70}{space 3} .1810012
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .1089511{col 29}{space 2} .9787312{col 40}{space 1}    0.11{col 49}{space 3}0.911{col 57}{space 4}-1.814884{col 70}{space 3} 2.032786
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-71.41431{col 29}{space 2} 30.34726{col 40}{space 1}   -2.35{col 49}{space 3}0.019{col 57}{space 4}-131.0662{col 70}{space 3}-11.76247
{txt}{space 12}12  {c |}{col 17}{res}{space 2}  323.936{col 29}{space 2} 66.57556{col 40}{space 1}    4.87{col 49}{space 3}0.000{col 57}{space 4} 193.0723{col 70}{space 3} 454.7997
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 126.1748{col 29}{space 2} 36.40576{col 40}{space 1}    3.47{col 49}{space 3}0.001{col 57}{space 4} 54.61409{col 70}{space 3} 197.7355
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-78.66354{col 29}{space 2} 44.98714{col 40}{space 1}   -1.75{col 49}{space 3}0.081{col 57}{space 4}-167.0921{col 70}{space 3} 9.765061
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 132.6611{col 29}{space 2} 34.46898{col 40}{space 1}    3.85{col 49}{space 3}0.000{col 57}{space 4} 64.90742{col 70}{space 3} 200.4147
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-193.4345{col 29}{space 2} 42.61342{col 40}{space 1}   -4.54{col 49}{space 3}0.000{col 57}{space 4}-277.1972{col 70}{space 3}-109.6718
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 45.92295{col 29}{space 2} 32.53794{col 40}{space 1}    1.41{col 49}{space 3}0.159{col 57}{space 4}-18.03499{col 70}{space 3} 109.8809
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 177.9234{col 29}{space 2} 45.15765{col 40}{space 1}    3.94{col 49}{space 3}0.000{col 57}{space 4} 89.15959{col 70}{space 3} 266.6871
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-29.95951{col 29}{space 2} 28.72147{col 40}{space 1}   -1.04{col 49}{space 3}0.298{col 57}{space 4}-86.41564{col 70}{space 3} 26.49662
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-58.21801{col 29}{space 2} 42.00137{col 40}{space 1}   -1.39{col 49}{space 3}0.166{col 57}{space 4}-140.7777{col 70}{space 3} 24.34165
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  357.755{col 29}{space 2} 64.40708{col 40}{space 1}    5.55{col 49}{space 3}0.000{col 57}{space 4} 231.1537{col 70}{space 3} 484.3562
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 330.6969{col 29}{space 2} 60.17944{col 40}{space 1}    5.50{col 49}{space 3}0.000{col 57}{space 4} 212.4057{col 70}{space 3} 448.9881
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -81.3277{col 29}{space 2} 44.62715{col 40}{space 1}   -1.82{col 49}{space 3}0.069{col 57}{space 4}-169.0487{col 70}{space 3} 6.393298
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 443.0836{col 29}{space 2} 53.59871{col 40}{space 1}    8.27{col 49}{space 3}0.000{col 57}{space 4} 337.7278{col 70}{space 3} 548.4395
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}  235.235{col 29}{space 2} 70.41827{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} 96.81787{col 70}{space 3} 373.6521
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 558.0936{col 29}{space 2} 73.21865{col 40}{space 1}    7.62{col 49}{space 3}0.000{col 57}{space 4} 414.1719{col 70}{space 3} 702.0152
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 539.8252{col 29}{space 2} 67.78469{col 40}{space 1}    7.96{col 49}{space 3}0.000{col 57}{space 4} 406.5848{col 70}{space 3} 673.0657
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 524.8903{col 29}{space 2} 58.27041{col 40}{space 1}    9.01{col 49}{space 3}0.000{col 57}{space 4} 410.3515{col 70}{space 3} 639.4291
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 574.2851{col 29}{space 2}  58.2975{col 40}{space 1}    9.85{col 49}{space 3}0.000{col 57}{space 4} 459.6931{col 70}{space 3} 688.8771
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 372.3936{col 29}{space 2} 55.68221{col 40}{space 1}    6.69{col 49}{space 3}0.000{col 57}{space 4} 262.9424{col 70}{space 3} 481.8449
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 785.3809{col 29}{space 2} 54.25572{col 40}{space 1}   14.48{col 49}{space 3}0.000{col 57}{space 4} 678.7336{col 70}{space 3} 892.0282
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 692.4424{col 29}{space 2} 64.45174{col 40}{space 1}   10.74{col 49}{space 3}0.000{col 57}{space 4} 565.7534{col 70}{space 3} 819.1314
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 505.4099{col 29}{space 2} 67.16347{col 40}{space 1}    7.53{col 49}{space 3}0.000{col 57}{space 4} 373.3905{col 70}{space 3} 637.4292
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 611.7636{col 29}{space 2} 65.03454{col 40}{space 1}    9.41{col 49}{space 3}0.000{col 57}{space 4}  483.929{col 70}{space 3} 739.5982
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}  759.287{col 29}{space 2} 63.14849{col 40}{space 1}   12.02{col 49}{space 3}0.000{col 57}{space 4} 635.1597{col 70}{space 3} 883.4143
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 582.1604{col 29}{space 2} 73.06112{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 438.5484{col 70}{space 3} 725.7723
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 761.0214{col 29}{space 2}  74.6828{col 40}{space 1}   10.19{col 49}{space 3}0.000{col 57}{space 4} 614.2218{col 70}{space 3} 907.8211
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 833.7862{col 29}{space 2}  76.4543{col 40}{space 1}   10.91{col 49}{space 3}0.000{col 57}{space 4} 683.5045{col 70}{space 3}  984.068
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 860.5589{col 29}{space 2}  79.6265{col 40}{space 1}   10.81{col 49}{space 3}0.000{col 57}{space 4} 704.0418{col 70}{space 3} 1017.076
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 1008.349{col 29}{space 2} 85.49004{col 40}{space 1}   11.79{col 49}{space 3}0.000{col 57}{space 4} 840.3059{col 70}{space 3} 1176.392
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1105.644{col 29}{space 2} 89.82228{col 40}{space 1}   12.31{col 49}{space 3}0.000{col 57}{space 4} 929.0857{col 70}{space 3} 1282.203
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1162.491{col 29}{space 2} 97.48626{col 40}{space 1}   11.92{col 49}{space 3}0.000{col 57}{space 4} 970.8678{col 70}{space 3} 1354.114
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1187.735{col 29}{space 2} 104.6154{col 40}{space 1}   11.35{col 49}{space 3}0.000{col 57}{space 4} 982.0983{col 70}{space 3} 1393.371
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1281.861{col 29}{space 2} 112.4226{col 40}{space 1}   11.40{col 49}{space 3}0.000{col 57}{space 4} 1060.879{col 70}{space 3} 1502.844
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1288.972{col 29}{space 2} 122.5417{col 40}{space 1}   10.52{col 49}{space 3}0.000{col 57}{space 4} 1048.098{col 70}{space 3} 1529.845
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1215.269{col 29}{space 2} 132.7253{col 40}{space 1}    9.16{col 49}{space 3}0.000{col 57}{space 4} 954.3782{col 70}{space 3} 1476.159
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1359.342{col 29}{space 2} 138.7019{col 40}{space 1}    9.80{col 49}{space 3}0.000{col 57}{space 4} 1086.704{col 70}{space 3}  1631.98
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1688.661{col 29}{space 2} 148.7758{col 40}{space 1}   11.35{col 49}{space 3}0.000{col 57}{space 4} 1396.221{col 70}{space 3} 1981.101
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1700.088{col 29}{space 2} 165.3563{col 40}{space 1}   10.28{col 49}{space 3}0.000{col 57}{space 4} 1375.057{col 70}{space 3} 2025.119
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1228.074{col 29}{space 2} 179.2828{col 40}{space 1}    6.85{col 49}{space 3}0.000{col 57}{space 4} 875.6681{col 70}{space 3}  1580.48
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1334.438{col 29}{space 2} 180.4522{col 40}{space 1}    7.39{col 49}{space 3}0.000{col 57}{space 4} 979.7334{col 70}{space 3} 1689.142
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1802.451{col 29}{space 2} 184.2551{col 40}{space 1}    9.78{col 49}{space 3}0.000{col 57}{space 4} 1440.271{col 70}{space 3}  2164.63
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1670.866{col 29}{space 2}  201.856{col 40}{space 1}    8.28{col 49}{space 3}0.000{col 57}{space 4} 1274.089{col 70}{space 3} 2067.642
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1927.982{col 29}{space 2} 213.4779{col 40}{space 1}    9.03{col 49}{space 3}0.000{col 57}{space 4} 1508.361{col 70}{space 3} 2347.603
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1600.811{col 29}{space 2} 221.0453{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 1166.315{col 70}{space 3} 2035.307
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1318.602{col 29}{space 2} 219.7581{col 40}{space 1}    6.00{col 49}{space 3}0.000{col 57}{space 4} 886.6364{col 70}{space 3} 1750.568
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 455.7064{col 29}{space 2} 144.2327{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} 172.1965{col 70}{space 3} 739.2163
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4280incols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       476
{txt}maximum lag: {res}6{col 49}{txt}F( 56,       419){col 67}= {res}      3.83
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1975633{col 29}{space 2}  .033709{col 40}{space 1}   -5.86{col 49}{space 3}0.000{col 57}{space 4}-.2638231{col 70}{space 3}-.1313036
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0048215{col 29}{space 2}  .001458{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} .0019557{col 70}{space 3} .0076873
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0226624{col 29}{space 2} .0321094{col 40}{space 1}    0.71{col 49}{space 3}0.481{col 57}{space 4}-.0404531{col 70}{space 3}  .085778
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033996{col 29}{space 2} .0029207{col 40}{space 1}    1.16{col 49}{space 3}0.245{col 57}{space 4}-.0023414{col 70}{space 3} .0091406
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2074396{col 29}{space 2} .0718565{col 40}{space 1}   -2.89{col 49}{space 3}0.004{col 57}{space 4}-.3486837{col 70}{space 3}-.0661954
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0041321{col 29}{space 2} .0028312{col 40}{space 1}    1.46{col 49}{space 3}0.145{col 57}{space 4} -.001433{col 70}{space 3} .0096973
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0007362{col 29}{space 2} .0326818{col 40}{space 1}    0.02{col 49}{space 3}0.982{col 57}{space 4}-.0635045{col 70}{space 3} .0649768
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0022788{col 29}{space 2} .0017208{col 40}{space 1}   -1.32{col 49}{space 3}0.186{col 57}{space 4}-.0056612{col 70}{space 3} .0011037
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}  -.01162{col 29}{space 2} .0544768{col 40}{space 1}   -0.21{col 49}{space 3}0.831{col 57}{space 4}-.1187018{col 70}{space 3} .0954619
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0007198{col 29}{space 2} .0020502{col 40}{space 1}    0.35{col 49}{space 3}0.726{col 57}{space 4}-.0033102{col 70}{space 3} .0047499
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.617616{col 29}{space 2} 1.168982{col 40}{space 1}    1.38{col 49}{space 3}0.167{col 57}{space 4}-.6801842{col 70}{space 3} 3.915417
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.912751{col 29}{space 2} 3.280045{col 40}{space 1}   -0.58{col 49}{space 3}0.560{col 57}{space 4}-8.360146{col 70}{space 3} 4.534643
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8784699{col 29}{space 2} 1.198597{col 40}{space 1}   -0.73{col 49}{space 3}0.464{col 57}{space 4}-3.234482{col 70}{space 3} 1.477542
{txt}{space 12}21  {c |}{col 17}{res}{space 2}  7.55152{col 29}{space 2} 2.212305{col 40}{space 1}    3.41{col 49}{space 3}0.001{col 57}{space 4} 3.202921{col 70}{space 3} 11.90012
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.405567{col 29}{space 2} 1.282742{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-4.926979{col 70}{space 3} .1158444
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.650899{col 29}{space 2} 1.607154{col 40}{space 1}    2.89{col 49}{space 3}0.004{col 57}{space 4}  1.49181{col 70}{space 3} 7.809989
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.369455{col 29}{space 2} 1.267912{col 40}{space 1}    1.08{col 49}{space 3}0.281{col 57}{space 4}-1.122806{col 70}{space 3} 3.861716
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .8534605{col 29}{space 2} 1.586472{col 40}{space 1}    0.54{col 49}{space 3}0.591{col 57}{space 4}-2.264975{col 70}{space 3} 3.971896
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.810619{col 29}{space 2} 1.004189{col 40}{space 1}    1.80{col 49}{space 3}0.072{col 57}{space 4}-.1632563{col 70}{space 3} 3.784494
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.973156{col 29}{space 2} 2.197801{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 4.653066{col 70}{space 3} 13.29325
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-6.123717{col 29}{space 2} 2.550687{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-11.13745{col 70}{space 3}-1.109981
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-3.133563{col 29}{space 2} 2.153597{col 40}{space 1}   -1.46{col 49}{space 3}0.146{col 57}{space 4}-7.366764{col 70}{space 3} 1.099637
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.525074{col 29}{space 2} 2.377148{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 2.852453{col 70}{space 3} 12.19769
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.686522{col 29}{space 2}  2.13358{col 40}{space 1}   -0.79{col 49}{space 3}0.430{col 57}{space 4}-5.880376{col 70}{space 3} 2.507333
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} -5.63253{col 29}{space 2} 3.638118{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-12.78377{col 70}{space 3} 1.518706
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.981524{col 29}{space 2} 3.404007{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-10.67258{col 70}{space 3} 2.709535
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-5.659224{col 29}{space 2} 3.490625{col 40}{space 1}   -1.62{col 49}{space 3}0.106{col 57}{space 4}-12.52054{col 70}{space 3} 1.202094
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-4.953431{col 29}{space 2} 3.233976{col 40}{space 1}   -1.53{col 49}{space 3}0.126{col 57}{space 4}-11.31027{col 70}{space 3} 1.403408
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.120026{col 29}{space 2} 3.060738{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-10.13634{col 70}{space 3} 1.896288
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.280468{col 29}{space 2}  2.65407{col 40}{space 1}   -2.37{col 49}{space 3}0.018{col 57}{space 4}-11.49742{col 70}{space 3}-1.063517
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-6.809082{col 29}{space 2} 3.197918{col 40}{space 1}   -2.13{col 49}{space 3}0.034{col 57}{space 4}-13.09504{col 70}{space 3}-.5231206
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-9.748254{col 29}{space 2} 3.776146{col 40}{space 1}   -2.58{col 49}{space 3}0.010{col 57}{space 4}-17.17081{col 70}{space 3}-2.325703
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.212748{col 29}{space 2} 2.896854{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4}-11.90692{col 70}{space 3}-.5185716
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-7.351636{col 29}{space 2} 2.641646{col 40}{space 1}   -2.78{col 49}{space 3}0.006{col 57}{space 4}-12.54417{col 70}{space 3}-2.159106
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.43467{col 29}{space 2} 4.089267{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4} -21.4727{col 70}{space 3}-5.396636
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-11.16228{col 29}{space 2} 3.485646{col 40}{space 1}   -3.20{col 49}{space 3}0.001{col 57}{space 4}-18.01382{col 70}{space 3}-4.310753
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-9.336196{col 29}{space 2} 3.798933{col 40}{space 1}   -2.46{col 49}{space 3}0.014{col 57}{space 4}-16.80354{col 70}{space 3}-1.868855
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.37854{col 29}{space 2} 3.753735{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-18.75704{col 70}{space 3}-4.000044
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.758087{col 29}{space 2} 4.089916{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4} -16.7974{col 70}{space 3}-.7187777
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-10.52508{col 29}{space 2} 4.582222{col 40}{space 1}   -2.30{col 49}{space 3}0.022{col 57}{space 4}-19.53209{col 70}{space 3}-1.518073
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-14.74938{col 29}{space 2} 4.805409{col 40}{space 1}   -3.07{col 49}{space 3}0.002{col 57}{space 4}-24.19509{col 70}{space 3}-5.303668
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-14.77956{col 29}{space 2} 4.899558{col 40}{space 1}   -3.02{col 49}{space 3}0.003{col 57}{space 4}-24.41034{col 70}{space 3}-5.148783
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-6.207095{col 29}{space 2} 7.007259{col 40}{space 1}   -0.89{col 49}{space 3}0.376{col 57}{space 4}-19.98086{col 70}{space 3} 7.566666
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-15.97426{col 29}{space 2} 5.438994{col 40}{space 1}   -2.94{col 49}{space 3}0.003{col 57}{space 4}-26.66538{col 70}{space 3}-5.283151
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.30671{col 29}{space 2} 6.350146{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-26.78882{col 70}{space 3}-1.824599
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.27174{col 29}{space 2} 5.876308{col 40}{space 1}   -3.11{col 49}{space 3}0.002{col 57}{space 4}-29.82246{col 70}{space 3}-6.721026
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -21.6189{col 29}{space 2} 6.215754{col 40}{space 1}   -3.48{col 49}{space 3}0.001{col 57}{space 4}-33.83684{col 70}{space 3} -9.40095
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-23.71161{col 29}{space 2} 6.942215{col 40}{space 1}   -3.42{col 49}{space 3}0.001{col 57}{space 4}-37.35752{col 70}{space 3} -10.0657
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-21.01635{col 29}{space 2} 7.351322{col 40}{space 1}   -2.86{col 49}{space 3}0.004{col 57}{space 4}-35.46642{col 70}{space 3}-6.566285
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-25.64284{col 29}{space 2} 7.493837{col 40}{space 1}   -3.42{col 49}{space 3}0.001{col 57}{space 4}-40.37304{col 70}{space 3}-10.91264
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -30.6123{col 29}{space 2} 8.612567{col 40}{space 1}   -3.55{col 49}{space 3}0.000{col 57}{space 4}-47.54152{col 70}{space 3}-13.68308
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.89901{col 29}{space 2} 7.711158{col 40}{space 1}   -3.62{col 49}{space 3}0.000{col 57}{space 4}-43.05638{col 70}{space 3}-12.74163
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-33.81744{col 29}{space 2} 9.344829{col 40}{space 1}   -3.62{col 49}{space 3}0.000{col 57}{space 4}-52.18603{col 70}{space 3}-15.44886
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-30.67097{col 29}{space 2} 8.904394{col 40}{space 1}   -3.44{col 49}{space 3}0.001{col 57}{space 4}-48.17382{col 70}{space 3}-13.16812
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-28.56223{col 29}{space 2} 8.591125{col 40}{space 1}   -3.32{col 49}{space 3}0.001{col 57}{space 4}-45.44931{col 70}{space 3}-11.67516
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.02708{col 29}{space 2} 8.872275{col 40}{space 1}   -3.05{col 49}{space 3}0.002{col 57}{space 4}-44.46679{col 70}{space 3} -9.58736
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-16.25395{col 29}{space 2} 6.010963{col 40}{space 1}   -2.70{col 49}{space 3}0.007{col 57}{space 4}-28.06935{col 70}{space 3}-4.438547
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates4280pc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       476
{txt}{hline 13}{c +}{hline 34}   F(56, 419)      = {res}     4.30
{txt}       Model {c |} {res} 8173.86688        56  145.961909   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 14213.5896       419  33.9226483   {txt}R-squared       ={res}    0.3651
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2803
{txt}       Total {c |} {res} 22387.4565       475  47.1314874   {txt}Root MSE        =   {res} 5.8243

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1975633{col 29}{space 2} .0376424{col 40}{space 1}   -5.25{col 49}{space 3}0.000{col 57}{space 4}-.2715547{col 70}{space 3}-.1235719
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0048215{col 29}{space 2} .0018154{col 40}{space 1}    2.66{col 49}{space 3}0.008{col 57}{space 4}  .001253{col 70}{space 3}   .00839
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0226624{col 29}{space 2} .0536387{col 40}{space 1}    0.42{col 49}{space 3}0.673{col 57}{space 4}-.0827721{col 70}{space 3} .1280969
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033996{col 29}{space 2} .0024272{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4}-.0013715{col 70}{space 3} .0081706
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2074396{col 29}{space 2} .0536244{col 40}{space 1}   -3.87{col 49}{space 3}0.000{col 57}{space 4} -.312846{col 70}{space 3}-.1020331
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0041321{col 29}{space 2} .0025359{col 40}{space 1}    1.63{col 49}{space 3}0.104{col 57}{space 4}-.0008526{col 70}{space 3} .0091169
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0007362{col 29}{space 2} .0491689{col 40}{space 1}    0.01{col 49}{space 3}0.988{col 57}{space 4}-.0959123{col 70}{space 3} .0973846
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0022788{col 29}{space 2}  .002469{col 40}{space 1}   -0.92{col 49}{space 3}0.357{col 57}{space 4} -.007132{col 70}{space 3} .0025745
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}  -.01162{col 29}{space 2} .0474563{col 40}{space 1}   -0.24{col 49}{space 3}0.807{col 57}{space 4} -.104902{col 70}{space 3} .0816621
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0007198{col 29}{space 2} .0024424{col 40}{space 1}    0.29{col 49}{space 3}0.768{col 57}{space 4} -.004081{col 70}{space 3} .0055207
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.617616{col 29}{space 2}  1.51144{col 40}{space 1}    1.07{col 49}{space 3}0.285{col 57}{space 4}-1.353334{col 70}{space 3} 4.588567
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.912751{col 29}{space 2} 3.287223{col 40}{space 1}   -0.58{col 49}{space 3}0.561{col 57}{space 4}-8.374254{col 70}{space 3} 4.548752
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8784699{col 29}{space 2} 1.809861{col 40}{space 1}   -0.49{col 49}{space 3}0.628{col 57}{space 4}-4.436009{col 70}{space 3} 2.679069
{txt}{space 12}21  {c |}{col 17}{res}{space 2}  7.55152{col 29}{space 2} 2.282769{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} 3.064415{col 70}{space 3} 12.03863
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.405567{col 29}{space 2} 1.719587{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-5.785659{col 70}{space 3} .9745242
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.650899{col 29}{space 2}  2.12074{col 40}{space 1}    2.19{col 49}{space 3}0.029{col 57}{space 4} .4822837{col 70}{space 3} 8.819515
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.369455{col 29}{space 2} 1.615759{col 40}{space 1}    0.85{col 49}{space 3}0.397{col 57}{space 4}-1.806548{col 70}{space 3} 4.545457
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .8534605{col 29}{space 2} 2.241874{col 40}{space 1}    0.38{col 49}{space 3}0.704{col 57}{space 4}-3.553261{col 70}{space 3} 5.260182
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.810619{col 29}{space 2} 1.428877{col 40}{space 1}    1.27{col 49}{space 3}0.206{col 57}{space 4}-.9980419{col 70}{space 3}  4.61928
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.973156{col 29}{space 2}  2.07664{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4} 4.891226{col 70}{space 3} 13.05509
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-6.123717{col 29}{space 2} 3.216178{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4}-12.44557{col 70}{space 3} .1981365
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-3.133563{col 29}{space 2} 3.005168{col 40}{space 1}   -1.04{col 49}{space 3}0.298{col 57}{space 4}-9.040648{col 70}{space 3} 2.773522
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.525074{col 29}{space 2} 2.262146{col 40}{space 1}    3.33{col 49}{space 3}0.001{col 57}{space 4} 3.078505{col 70}{space 3} 11.97164
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.686522{col 29}{space 2}  2.83055{col 40}{space 1}   -0.60{col 49}{space 3}0.552{col 57}{space 4} -7.25037{col 70}{space 3} 3.877326
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} -5.63253{col 29}{space 2} 3.382906{col 40}{space 1}   -1.66{col 49}{space 3}0.097{col 57}{space 4}-12.28211{col 70}{space 3} 1.017052
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.981524{col 29}{space 2} 3.272313{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-10.41372{col 70}{space 3} 2.450672
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-5.659224{col 29}{space 2} 3.016099{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-11.58779{col 70}{space 3} .2693465
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-4.953431{col 29}{space 2} 3.081722{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-11.01099{col 70}{space 3} 1.104132
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.120026{col 29}{space 2} 2.963446{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}  -9.9451{col 70}{space 3} 1.705048
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.280468{col 29}{space 2} 2.811294{col 40}{space 1}   -2.23{col 49}{space 3}0.026{col 57}{space 4}-11.80647{col 70}{space 3}-.7544714
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-6.809082{col 29}{space 2} 3.094232{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4}-12.89123{col 70}{space 3}-.7269305
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-9.748254{col 29}{space 2} 3.416175{col 40}{space 1}   -2.85{col 49}{space 3}0.005{col 57}{space 4}-16.46323{col 70}{space 3}-3.033279
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.212748{col 29}{space 2} 3.369013{col 40}{space 1}   -1.84{col 49}{space 3}0.066{col 57}{space 4}-12.83502{col 70}{space 3} .4095249
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-7.351636{col 29}{space 2} 3.055586{col 40}{space 1}   -2.41{col 49}{space 3}0.017{col 57}{space 4}-13.35782{col 70}{space 3}-1.345448
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.43467{col 29}{space 2} 3.421468{col 40}{space 1}   -3.93{col 49}{space 3}0.000{col 57}{space 4}-20.16005{col 70}{space 3}-6.709289
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-11.16228{col 29}{space 2} 3.638208{col 40}{space 1}   -3.07{col 49}{space 3}0.002{col 57}{space 4} -18.3137{col 70}{space 3}-4.010871
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-9.336196{col 29}{space 2} 3.655845{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-16.52228{col 70}{space 3}-2.150115
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.37854{col 29}{space 2} 3.841258{col 40}{space 1}   -2.96{col 49}{space 3}0.003{col 57}{space 4}-18.92908{col 70}{space 3}-3.828006
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-8.758087{col 29}{space 2} 4.205542{col 40}{space 1}   -2.08{col 49}{space 3}0.038{col 57}{space 4}-17.02468{col 70}{space 3}-.4914976
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-10.52508{col 29}{space 2} 4.424673{col 40}{space 1}   -2.38{col 49}{space 3}0.018{col 57}{space 4} -19.2224{col 70}{space 3}-1.827759
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-14.74938{col 29}{space 2} 4.825583{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-24.23475{col 70}{space 3}-5.264012
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-14.77956{col 29}{space 2} 5.256927{col 40}{space 1}   -2.81{col 49}{space 3}0.005{col 57}{space 4} -25.1128{col 70}{space 3}-4.446325
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-6.207095{col 29}{space 2} 5.631856{col 40}{space 1}   -1.10{col 49}{space 3}0.271{col 57}{space 4}-17.27731{col 70}{space 3} 4.863116
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-15.97426{col 29}{space 2} 6.068085{col 40}{space 1}   -2.63{col 49}{space 3}0.009{col 57}{space 4}-27.90195{col 70}{space 3}-4.046583
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.30671{col 29}{space 2} 6.546292{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-27.17438{col 70}{space 3}-1.439045
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.27174{col 29}{space 2} 6.853576{col 40}{space 1}   -2.67{col 49}{space 3}0.008{col 57}{space 4}-31.74342{col 70}{space 3}-4.800068
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} -21.6189{col 29}{space 2} 7.219871{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4}-35.81058{col 70}{space 3}-7.427215
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-23.71161{col 29}{space 2} 7.992436{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-39.42188{col 70}{space 3}-8.001346
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-21.01635{col 29}{space 2} 8.747879{col 40}{space 1}   -2.40{col 49}{space 3}0.017{col 57}{space 4}-38.21155{col 70}{space 3}-3.821156
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-25.64284{col 29}{space 2} 8.832899{col 40}{space 1}   -2.90{col 49}{space 3}0.004{col 57}{space 4}-43.00516{col 70}{space 3}-8.280527
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -30.6123{col 29}{space 2} 8.866471{col 40}{space 1}   -3.45{col 49}{space 3}0.001{col 57}{space 4}-48.04061{col 70}{space 3}-13.18399
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.89901{col 29}{space 2} 9.621095{col 40}{space 1}   -2.90{col 49}{space 3}0.004{col 57}{space 4}-46.81063{col 70}{space 3}-8.987378
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-33.81744{col 29}{space 2} 10.30781{col 40}{space 1}   -3.28{col 49}{space 3}0.001{col 57}{space 4} -54.0789{col 70}{space 3}-13.55599
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-30.67097{col 29}{space 2} 10.69405{col 40}{space 1}   -2.87{col 49}{space 3}0.004{col 57}{space 4}-51.69165{col 70}{space 3} -9.65029
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-28.56223{col 29}{space 2} 10.73444{col 40}{space 1}   -2.66{col 49}{space 3}0.008{col 57}{space 4}-49.66229{col 70}{space 3}-7.462175
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.02708{col 29}{space 2} 10.82067{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-48.29663{col 70}{space 3} -5.75752
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-16.25395{col 29}{space 2} 7.263128{col 40}{space 1}   -2.24{col 49}{space 3}0.026{col 57}{space 4}-30.53066{col 70}{space 3}-1.977241
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates4280pcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates4280inc!=. & year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       476
{txt}maximum lag: {res}6{col 49}{txt}F( 54,       421){col 67}= {res}     37.16
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1946422{col 29}{space 2} .0484387{col 40}{space 1}   -4.02{col 49}{space 3}0.000{col 57}{space 4} -.289854{col 70}{space 3}-.0994303
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.984062{col 29}{space 2} .9237559{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4} 1.168314{col 70}{space 3}  4.79981
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1167654{col 29}{space 2} .0747126{col 40}{space 1}    1.56{col 49}{space 3}0.119{col 57}{space 4}-.0300908{col 70}{space 3} .2636216
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.362083{col 29}{space 2}  1.12885{col 40}{space 1}    1.21{col 49}{space 3}0.228{col 57}{space 4}-.8568021{col 70}{space 3} 3.580968
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0073911{col 29}{space 2} .0536522{col 40}{space 1}    0.14{col 49}{space 3}0.890{col 57}{space 4}-.0980684{col 70}{space 3} .1128507
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.8681881{col 29}{space 2} .9365601{col 40}{space 1}   -0.93{col 49}{space 3}0.354{col 57}{space 4}-2.709105{col 70}{space 3} .9727283
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0483617{col 29}{space 2} .0490908{col 40}{space 1}   -0.99{col 49}{space 3}0.325{col 57}{space 4}-.1448554{col 70}{space 3}  .048132
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.6173276{col 29}{space 2} 1.068719{col 40}{space 1}   -0.58{col 49}{space 3}0.564{col 57}{space 4}-2.718018{col 70}{space 3} 1.483363
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-66.42891{col 29}{space 2} 24.93014{col 40}{space 1}   -2.66{col 49}{space 3}0.008{col 57}{space 4} -115.432{col 70}{space 3}-17.42585
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 293.3861{col 29}{space 2} 78.14897{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 139.7754{col 70}{space 3} 446.9969
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 115.3707{col 29}{space 2}  35.6996{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4} 45.19906{col 70}{space 3} 185.5424
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-81.78076{col 29}{space 2} 46.19366{col 40}{space 1}   -1.77{col 49}{space 3}0.077{col 57}{space 4}-172.5797{col 70}{space 3} 9.018184
{txt}{space 12}22  {c |}{col 17}{res}{space 2}  123.182{col 29}{space 2} 39.85621{col 40}{space 1}    3.09{col 49}{space 3}0.002{col 57}{space 4} 44.84007{col 70}{space 3}  201.524
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-179.5071{col 29}{space 2} 47.13364{col 40}{space 1}   -3.81{col 49}{space 3}0.000{col 57}{space 4}-272.1536{col 70}{space 3} -86.8605
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 38.73566{col 29}{space 2} 27.06071{col 40}{space 1}    1.43{col 49}{space 3}0.153{col 57}{space 4}-14.45527{col 70}{space 3}  91.9266
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 161.2735{col 29}{space 2}  49.7068{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 63.56903{col 70}{space 3} 258.9779
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-29.76864{col 29}{space 2} 25.20196{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-79.30598{col 70}{space 3}  19.7687
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-62.73632{col 29}{space 2} 43.27401{col 40}{space 1}   -1.45{col 49}{space 3}0.148{col 57}{space 4}-147.7964{col 70}{space 3} 22.32372
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 331.3849{col 29}{space 2}  80.5466{col 40}{space 1}    4.11{col 49}{space 3}0.000{col 57}{space 4} 173.0613{col 70}{space 3} 489.7085
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 305.7514{col 29}{space 2} 75.53892{col 40}{space 1}    4.05{col 49}{space 3}0.000{col 57}{space 4}  157.271{col 70}{space 3} 454.2318
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-87.44228{col 29}{space 2} 45.32642{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-176.5366{col 70}{space 3} 1.651996
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 425.1522{col 29}{space 2} 71.17744{col 40}{space 1}    5.97{col 49}{space 3}0.000{col 57}{space 4} 285.2448{col 70}{space 3} 565.0596
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 193.5845{col 29}{space 2} 94.68715{col 40}{space 1}    2.04{col 49}{space 3}0.042{col 57}{space 4} 7.466013{col 70}{space 3} 379.7029
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 477.3735{col 29}{space 2} 82.86993{col 40}{space 1}    5.76{col 49}{space 3}0.000{col 57}{space 4} 314.4832{col 70}{space 3} 640.2639
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  461.964{col 29}{space 2} 76.39764{col 40}{space 1}    6.05{col 49}{space 3}0.000{col 57}{space 4} 311.7957{col 70}{space 3} 612.1324
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 493.6488{col 29}{space 2} 67.52671{col 40}{space 1}    7.31{col 49}{space 3}0.000{col 57}{space 4} 360.9173{col 70}{space 3} 626.3803
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 524.1867{col 29}{space 2} 66.99233{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 392.5056{col 70}{space 3} 655.8678
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 343.5575{col 29}{space 2} 67.73653{col 40}{space 1}    5.07{col 49}{space 3}0.000{col 57}{space 4} 210.4136{col 70}{space 3} 476.7014
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 746.4593{col 29}{space 2} 64.32223{col 40}{space 1}   11.60{col 49}{space 3}0.000{col 57}{space 4} 620.0265{col 70}{space 3}  872.892
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 653.8963{col 29}{space 2} 76.84615{col 40}{space 1}    8.51{col 49}{space 3}0.000{col 57}{space 4} 502.8464{col 70}{space 3} 804.9462
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 465.6005{col 29}{space 2} 79.90557{col 40}{space 1}    5.83{col 49}{space 3}0.000{col 57}{space 4}  308.537{col 70}{space 3} 622.6641
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 546.1252{col 29}{space 2} 72.94523{col 40}{space 1}    7.49{col 49}{space 3}0.000{col 57}{space 4}  402.743{col 70}{space 3} 689.5074
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 723.8653{col 29}{space 2} 70.92748{col 40}{space 1}   10.21{col 49}{space 3}0.000{col 57}{space 4} 584.4492{col 70}{space 3} 863.2814
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 537.5972{col 29}{space 2} 79.07859{col 40}{space 1}    6.80{col 49}{space 3}0.000{col 57}{space 4} 382.1591{col 70}{space 3} 693.0353
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 693.7162{col 29}{space 2} 80.87732{col 40}{space 1}    8.58{col 49}{space 3}0.000{col 57}{space 4} 534.7425{col 70}{space 3} 852.6898
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 767.1207{col 29}{space 2} 79.35303{col 40}{space 1}    9.67{col 49}{space 3}0.000{col 57}{space 4} 611.1432{col 70}{space 3} 923.0982
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 810.2794{col 29}{space 2} 89.16363{col 40}{space 1}    9.09{col 49}{space 3}0.000{col 57}{space 4}  635.018{col 70}{space 3} 985.5407
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 939.1229{col 29}{space 2} 90.86836{col 40}{space 1}   10.33{col 49}{space 3}0.000{col 57}{space 4} 760.5107{col 70}{space 3} 1117.735
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1046.071{col 29}{space 2} 97.09157{col 40}{space 1}   10.77{col 49}{space 3}0.000{col 57}{space 4} 855.2266{col 70}{space 3} 1236.916
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1104.863{col 29}{space 2} 110.0313{col 40}{space 1}   10.04{col 49}{space 3}0.000{col 57}{space 4}  888.584{col 70}{space 3} 1321.142
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1127.944{col 29}{space 2} 116.9153{col 40}{space 1}    9.65{col 49}{space 3}0.000{col 57}{space 4} 898.1339{col 70}{space 3} 1357.755
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1223.726{col 29}{space 2} 128.7907{col 40}{space 1}    9.50{col 49}{space 3}0.000{col 57}{space 4} 970.5731{col 70}{space 3} 1476.879
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1230.432{col 29}{space 2} 147.7047{col 40}{space 1}    8.33{col 49}{space 3}0.000{col 57}{space 4} 940.1014{col 70}{space 3} 1520.763
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1151.058{col 29}{space 2} 157.6266{col 40}{space 1}    7.30{col 49}{space 3}0.000{col 57}{space 4} 841.2251{col 70}{space 3} 1460.891
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1283.133{col 29}{space 2} 164.9324{col 40}{space 1}    7.78{col 49}{space 3}0.000{col 57}{space 4} 958.9394{col 70}{space 3} 1607.327
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1610.192{col 29}{space 2} 182.3051{col 40}{space 1}    8.83{col 49}{space 3}0.000{col 57}{space 4}  1251.85{col 70}{space 3} 1968.533
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1616.086{col 29}{space 2} 203.1764{col 40}{space 1}    7.95{col 49}{space 3}0.000{col 57}{space 4}  1216.72{col 70}{space 3} 2015.453
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1127.881{col 29}{space 2} 209.7017{col 40}{space 1}    5.38{col 49}{space 3}0.000{col 57}{space 4} 715.6885{col 70}{space 3} 1540.074
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1226.985{col 29}{space 2} 221.8275{col 40}{space 1}    5.53{col 49}{space 3}0.000{col 57}{space 4} 790.9576{col 70}{space 3} 1663.012
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1710.696{col 29}{space 2} 226.8075{col 40}{space 1}    7.54{col 49}{space 3}0.000{col 57}{space 4} 1264.879{col 70}{space 3} 2156.512
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1577.697{col 29}{space 2} 248.7862{col 40}{space 1}    6.34{col 49}{space 3}0.000{col 57}{space 4} 1088.679{col 70}{space 3} 2066.715
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1782.558{col 29}{space 2}  259.236{col 40}{space 1}    6.88{col 49}{space 3}0.000{col 57}{space 4} 1272.999{col 70}{space 3} 2292.116
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1453.783{col 29}{space 2} 262.1127{col 40}{space 1}    5.55{col 49}{space 3}0.000{col 57}{space 4} 938.5704{col 70}{space 3} 1968.996
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1207.231{col 29}{space 2} 275.8145{col 40}{space 1}    4.38{col 49}{space 3}0.000{col 57}{space 4} 665.0864{col 70}{space 3} 1749.377
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 436.4393{col 29}{space 2}  204.697{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} 34.08378{col 70}{space 3} 838.7948
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates4280incols!=. & year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       476
{txt}{hline 13}{c +}{hline 34}   F(54, 421)      = {res}    28.25
{txt}       Model {c |} {res} 20979157.8        54  388502.923   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res}  5789607.3       421  13752.0363   {txt}R-squared       ={res}    0.7837
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7560
{txt}       Total {c |} {res} 26768765.1       475   56355.295   {txt}Root MSE        =   {res} 117.27

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1946422{col 29}{space 2} .0349394{col 40}{space 1}   -5.57{col 49}{space 3}0.000{col 57}{space 4}-.2633197{col 70}{space 3}-.1259647
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.984062{col 29}{space 2} .7087569{col 40}{space 1}    4.21{col 49}{space 3}0.000{col 57}{space 4} 1.590919{col 70}{space 3} 4.377205
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1167654{col 29}{space 2} .0502902{col 40}{space 1}    2.32{col 49}{space 3}0.021{col 57}{space 4} .0179143{col 70}{space 3} .2156166
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.362083{col 29}{space 2} .9813116{col 40}{space 1}    1.39{col 49}{space 3}0.166{col 57}{space 4}-.5667978{col 70}{space 3} 3.290963
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0073911{col 29}{space 2} .0494293{col 40}{space 1}    0.15{col 49}{space 3}0.881{col 57}{space 4}-.0897679{col 70}{space 3} .1045502
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.8681881{col 29}{space 2} .9773184{col 40}{space 1}   -0.89{col 49}{space 3}0.375{col 57}{space 4} -2.78922{col 70}{space 3} 1.052844
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0483617{col 29}{space 2} .0488029{col 40}{space 1}   -0.99{col 49}{space 3}0.322{col 57}{space 4}-.1442894{col 70}{space 3}  .047566
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.6173276{col 29}{space 2} .9965485{col 40}{space 1}   -0.62{col 49}{space 3}0.536{col 57}{space 4}-2.576158{col 70}{space 3} 1.341503
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-66.42891{col 29}{space 2} 30.21127{col 40}{space 1}   -2.20{col 49}{space 3}0.028{col 57}{space 4}-125.8126{col 70}{space 3}-7.045179
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 293.3861{col 29}{space 2} 64.12965{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 167.3319{col 70}{space 3} 419.4403
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 115.3707{col 29}{space 2} 35.91198{col 40}{space 1}    3.21{col 49}{space 3}0.001{col 57}{space 4}  44.7816{col 70}{space 3} 185.9598
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-81.78076{col 29}{space 2} 43.98658{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-168.2414{col 70}{space 3} 4.679918
{txt}{space 12}22  {c |}{col 17}{res}{space 2}  123.182{col 29}{space 2} 33.97784{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 56.39469{col 70}{space 3} 189.9694
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-179.5071{col 29}{space 2} 41.63614{col 40}{space 1}   -4.31{col 49}{space 3}0.000{col 57}{space 4}-261.3477{col 70}{space 3}-97.66646
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 38.73566{col 29}{space 2} 32.40538{col 40}{space 1}    1.20{col 49}{space 3}0.233{col 57}{space 4}-24.96084{col 70}{space 3} 102.4322
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 161.2735{col 29}{space 2}  44.4419{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 73.91779{col 70}{space 3} 248.6291
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-29.76864{col 29}{space 2} 28.77803{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4}-86.33517{col 70}{space 3} 26.79788
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-62.73632{col 29}{space 2} 41.55447{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-144.4164{col 70}{space 3} 18.94377
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 331.3849{col 29}{space 2} 62.06738{col 40}{space 1}    5.34{col 49}{space 3}0.000{col 57}{space 4} 209.3843{col 70}{space 3} 453.3854
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 305.7514{col 29}{space 2} 58.41059{col 40}{space 1}    5.23{col 49}{space 3}0.000{col 57}{space 4} 190.9387{col 70}{space 3} 420.5641
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-87.44228{col 29}{space 2} 43.41094{col 40}{space 1}   -2.01{col 49}{space 3}0.045{col 57}{space 4}-172.7715{col 70}{space 3}-2.113094
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 425.1522{col 29}{space 2} 52.95536{col 40}{space 1}    8.03{col 49}{space 3}0.000{col 57}{space 4} 321.0624{col 70}{space 3} 529.2421
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 193.5845{col 29}{space 2} 67.39087{col 40}{space 1}    2.87{col 49}{space 3}0.004{col 57}{space 4} 61.11997{col 70}{space 3}  326.049
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 477.3735{col 29}{space 2}  61.0172{col 40}{space 1}    7.82{col 49}{space 3}0.000{col 57}{space 4} 357.4372{col 70}{space 3} 597.3098
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}  461.964{col 29}{space 2}  55.4163{col 40}{space 1}    8.34{col 49}{space 3}0.000{col 57}{space 4} 353.0369{col 70}{space 3} 570.8911
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 493.6488{col 29}{space 2} 56.18122{col 40}{space 1}    8.79{col 49}{space 3}0.000{col 57}{space 4} 383.2182{col 70}{space 3} 604.0795
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 524.1867{col 29}{space 2} 52.68854{col 40}{space 1}    9.95{col 49}{space 3}0.000{col 57}{space 4} 420.6214{col 70}{space 3} 627.7521
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 343.5575{col 29}{space 2} 53.83539{col 40}{space 1}    6.38{col 49}{space 3}0.000{col 57}{space 4} 237.7378{col 70}{space 3} 449.3771
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 746.4593{col 29}{space 2} 50.59306{col 40}{space 1}   14.75{col 49}{space 3}0.000{col 57}{space 4} 647.0128{col 70}{space 3} 845.9057
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 653.8963{col 29}{space 2} 61.33559{col 40}{space 1}   10.66{col 49}{space 3}0.000{col 57}{space 4} 533.3341{col 70}{space 3} 774.4584
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 465.6005{col 29}{space 2} 64.12797{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 339.5497{col 70}{space 3} 591.6514
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 546.1252{col 29}{space 2} 55.63447{col 40}{space 1}    9.82{col 49}{space 3}0.000{col 57}{space 4} 436.7693{col 70}{space 3} 655.4811
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 723.8653{col 29}{space 2} 60.38465{col 40}{space 1}   11.99{col 49}{space 3}0.000{col 57}{space 4} 605.1724{col 70}{space 3} 842.5583
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 537.5972{col 29}{space 2} 69.12777{col 40}{space 1}    7.78{col 49}{space 3}0.000{col 57}{space 4} 401.7186{col 70}{space 3} 673.4758
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 693.7162{col 29}{space 2} 65.93944{col 40}{space 1}   10.52{col 49}{space 3}0.000{col 57}{space 4} 564.1046{col 70}{space 3} 823.3277
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 767.1207{col 29}{space 2} 68.51613{col 40}{space 1}   11.20{col 49}{space 3}0.000{col 57}{space 4} 632.4444{col 70}{space 3} 901.7971
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 810.2794{col 29}{space 2} 74.99925{col 40}{space 1}   10.80{col 49}{space 3}0.000{col 57}{space 4} 662.8598{col 70}{space 3}  957.699
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 939.1229{col 29}{space 2} 76.71419{col 40}{space 1}   12.24{col 49}{space 3}0.000{col 57}{space 4} 788.3324{col 70}{space 3} 1089.913
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1046.071{col 29}{space 2} 83.68747{col 40}{space 1}   12.50{col 49}{space 3}0.000{col 57}{space 4} 881.5739{col 70}{space 3} 1210.569
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1104.863{col 29}{space 2} 91.75352{col 40}{space 1}   12.04{col 49}{space 3}0.000{col 57}{space 4} 924.5112{col 70}{space 3} 1285.215
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1127.944{col 29}{space 2} 98.79232{col 40}{space 1}   11.42{col 49}{space 3}0.000{col 57}{space 4} 933.7566{col 70}{space 3} 1322.132
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1223.726{col 29}{space 2} 107.1738{col 40}{space 1}   11.42{col 49}{space 3}0.000{col 57}{space 4} 1013.064{col 70}{space 3} 1434.388
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1230.432{col 29}{space 2} 117.5176{col 40}{space 1}   10.47{col 49}{space 3}0.000{col 57}{space 4} 999.4376{col 70}{space 3} 1461.426
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1151.058{col 29}{space 2} 125.2105{col 40}{space 1}    9.19{col 49}{space 3}0.000{col 57}{space 4} 904.9426{col 70}{space 3} 1397.174
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1283.133{col 29}{space 2} 131.6153{col 40}{space 1}    9.75{col 49}{space 3}0.000{col 57}{space 4} 1024.428{col 70}{space 3} 1541.838
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1610.192{col 29}{space 2} 141.6172{col 40}{space 1}   11.37{col 49}{space 3}0.000{col 57}{space 4} 1331.827{col 70}{space 3} 1888.557
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 1616.086{col 29}{space 2} 158.1022{col 40}{space 1}   10.22{col 49}{space 3}0.000{col 57}{space 4} 1305.319{col 70}{space 3} 1926.854
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1127.881{col 29}{space 2} 170.1152{col 40}{space 1}    6.63{col 49}{space 3}0.000{col 57}{space 4} 793.5003{col 70}{space 3} 1462.262
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1226.985{col 29}{space 2} 169.7723{col 40}{space 1}    7.23{col 49}{space 3}0.000{col 57}{space 4} 893.2781{col 70}{space 3} 1560.692
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1710.696{col 29}{space 2} 175.2845{col 40}{space 1}    9.76{col 49}{space 3}0.000{col 57}{space 4} 1366.154{col 70}{space 3} 2055.237
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1577.697{col 29}{space 2} 194.1353{col 40}{space 1}    8.13{col 49}{space 3}0.000{col 57}{space 4} 1196.102{col 70}{space 3} 1959.293
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1782.558{col 29}{space 2} 198.7083{col 40}{space 1}    8.97{col 49}{space 3}0.000{col 57}{space 4} 1391.974{col 70}{space 3} 2173.141
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1453.783{col 29}{space 2} 204.6724{col 40}{space 1}    7.10{col 49}{space 3}0.000{col 57}{space 4} 1051.476{col 70}{space 3}  1856.09
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1207.231{col 29}{space 2}  209.307{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4} 795.8146{col 70}{space 3} 1618.648
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 436.4393{col 29}{space 2} 141.5803{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4}  158.147{col 70}{space 3} 714.7316
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       476{col 27}-3278.499{col 38} -2914.08{col 49}    55{col 58}  5938.16{col 69} 6167.258
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates4280pc!=. & year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       476
{txt}maximum lag: {res}6{col 49}{txt}F( 54,       421){col 67}= {res}      3.88
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2011739{col 29}{space 2} .0330111{col 40}{space 1}   -6.09{col 49}{space 3}0.000{col 57}{space 4} -.266061{col 70}{space 3}-.1362868
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0050076{col 29}{space 2} .0013007{col 40}{space 1}    3.85{col 49}{space 3}0.000{col 57}{space 4} .0024509{col 70}{space 3} .0075644
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0258091{col 29}{space 2} .0339552{col 40}{space 1}    0.76{col 49}{space 3}0.448{col 57}{space 4}-.0409338{col 70}{space 3}  .092552
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033101{col 29}{space 2} .0028682{col 40}{space 1}    1.15{col 49}{space 3}0.249{col 57}{space 4}-.0023277{col 70}{space 3} .0089479
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2003353{col 29}{space 2} .0674557{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-.3329272{col 70}{space 3}-.0677434
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0039064{col 29}{space 2} .0028504{col 40}{space 1}    1.37{col 49}{space 3}0.171{col 57}{space 4}-.0016964{col 70}{space 3} .0095093
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0034801{col 29}{space 2} .0330857{col 40}{space 1}    0.11{col 49}{space 3}0.916{col 57}{space 4}-.0615536{col 70}{space 3} .0685139
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0023678{col 29}{space 2} .0016554{col 40}{space 1}   -1.43{col 49}{space 3}0.153{col 57}{space 4}-.0056217{col 70}{space 3}  .000886
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.678534{col 29}{space 2}  1.15136{col 40}{space 1}    1.46{col 49}{space 3}0.146{col 57}{space 4}-.5845956{col 70}{space 3} 3.941663
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-2.199928{col 29}{space 2} 2.926303{col 40}{space 1}   -0.75{col 49}{space 3}0.453{col 57}{space 4}-7.951912{col 70}{space 3} 3.552056
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.9783106{col 29}{space 2} 1.120303{col 40}{space 1}   -0.87{col 49}{space 3}0.383{col 57}{space 4}-3.180396{col 70}{space 3} 1.223774
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.690959{col 29}{space 2} 2.231531{col 40}{space 1}    3.45{col 49}{space 3}0.001{col 57}{space 4} 3.304629{col 70}{space 3} 12.07729
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.508707{col 29}{space 2} 1.228106{col 40}{space 1}   -2.04{col 49}{space 3}0.042{col 57}{space 4} -4.92269{col 70}{space 3} -.094723
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.805659{col 29}{space 2} 1.494356{col 40}{space 1}    3.22{col 49}{space 3}0.001{col 57}{space 4} 1.868331{col 70}{space 3} 7.742987
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.350256{col 29}{space 2} 1.246459{col 40}{space 1}    1.08{col 49}{space 3}0.279{col 57}{space 4}-1.099802{col 70}{space 3} 3.800315
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .7556856{col 29}{space 2}  1.50864{col 40}{space 1}    0.50{col 49}{space 3}0.617{col 57}{space 4} -2.20972{col 70}{space 3} 3.721091
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.819901{col 29}{space 2} .9967542{col 40}{space 1}    1.83{col 49}{space 3}0.069{col 57}{space 4}-.1393338{col 70}{space 3} 3.779136
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 9.041885{col 29}{space 2} 2.132057{col 40}{space 1}    4.24{col 49}{space 3}0.000{col 57}{space 4} 4.851081{col 70}{space 3} 13.23269
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-6.412561{col 29}{space 2} 2.294745{col 40}{space 1}   -2.79{col 49}{space 3}0.005{col 57}{space 4}-10.92315{col 70}{space 3}-1.901977
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-3.344827{col 29}{space 2} 1.959442{col 40}{space 1}   -1.71{col 49}{space 3}0.089{col 57}{space 4}-7.196335{col 70}{space 3} .5066819
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.645867{col 29}{space 2} 2.349588{col 40}{space 1}    3.25{col 49}{space 3}0.001{col 57}{space 4} 3.027482{col 70}{space 3} 12.26425
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.843143{col 29}{space 2} 2.129187{col 40}{space 1}   -0.87{col 49}{space 3}0.387{col 57}{space 4}-6.028304{col 70}{space 3} 2.342019
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-6.044969{col 29}{space 2} 3.403629{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-12.73519{col 70}{space 3} .6452543
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.340797{col 29}{space 2} 3.302275{col 40}{space 1}   -1.31{col 49}{space 3}0.189{col 57}{space 4} -10.8318{col 70}{space 3} 2.150205
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-5.648475{col 29}{space 2} 3.523695{col 40}{space 1}   -1.60{col 49}{space 3}0.110{col 57}{space 4} -12.5747{col 70}{space 3} 1.277751
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-5.088359{col 29}{space 2} 3.231059{col 40}{space 1}   -1.57{col 49}{space 3}0.116{col 57}{space 4}-11.43938{col 70}{space 3} 1.262658
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.088541{col 29}{space 2} 3.140862{col 40}{space 1}   -1.30{col 49}{space 3}0.194{col 57}{space 4}-10.26227{col 70}{space 3} 2.085184
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.358174{col 29}{space 2} 2.694335{col 40}{space 1}   -2.36{col 49}{space 3}0.019{col 57}{space 4} -11.6542{col 70}{space 3}-1.062148
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-6.917235{col 29}{space 2} 3.216416{col 40}{space 1}   -2.15{col 49}{space 3}0.032{col 57}{space 4}-13.23947{col 70}{space 3}-.5949997
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-9.861601{col 29}{space 2} 3.779064{col 40}{space 1}   -2.61{col 49}{space 3}0.009{col 57}{space 4}-17.28979{col 70}{space 3}-2.433416
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.539124{col 29}{space 2} 2.849348{col 40}{space 1}   -2.29{col 49}{space 3}0.022{col 57}{space 4}-12.13984{col 70}{space 3}-.9384041
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -7.43112{col 29}{space 2} 2.665307{col 40}{space 1}   -2.79{col 49}{space 3}0.006{col 57}{space 4}-12.67009{col 70}{space 3}-2.192153
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.60419{col 29}{space 2} 4.007173{col 40}{space 1}   -3.39{col 49}{space 3}0.001{col 57}{space 4}-21.48075{col 70}{space 3}-5.727633
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-11.51625{col 29}{space 2} 3.279053{col 40}{space 1}   -3.51{col 49}{space 3}0.000{col 57}{space 4} -17.9616{col 70}{space 3}-5.070893
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} -9.68281{col 29}{space 2} 3.597772{col 40}{space 1}   -2.69{col 49}{space 3}0.007{col 57}{space 4}-16.75464{col 70}{space 3}-2.610976
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.60231{col 29}{space 2} 3.679421{col 40}{space 1}   -3.15{col 49}{space 3}0.002{col 57}{space 4}-18.83463{col 70}{space 3}-4.369987
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-9.094712{col 29}{space 2} 3.961394{col 40}{space 1}   -2.30{col 49}{space 3}0.022{col 57}{space 4}-16.88129{col 70}{space 3}-1.308138
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-10.83332{col 29}{space 2} 4.429351{col 40}{space 1}   -2.45{col 49}{space 3}0.015{col 57}{space 4}-19.53972{col 70}{space 3}-2.126926
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-15.08363{col 29}{space 2} 4.643282{col 40}{space 1}   -3.25{col 49}{space 3}0.001{col 57}{space 4}-24.21053{col 70}{space 3}-5.956723
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-15.12138{col 29}{space 2} 4.757832{col 40}{space 1}   -3.18{col 49}{space 3}0.002{col 57}{space 4}-24.47344{col 70}{space 3}-5.769312
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-6.558175{col 29}{space 2} 6.659631{col 40}{space 1}   -0.98{col 49}{space 3}0.325{col 57}{space 4}-19.64844{col 70}{space 3} 6.532093
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-16.33731{col 29}{space 2} 5.243847{col 40}{space 1}   -3.12{col 49}{space 3}0.002{col 57}{space 4} -26.6447{col 70}{space 3}-6.029929
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.74315{col 29}{space 2} 6.117865{col 40}{space 1}   -2.41{col 49}{space 3}0.016{col 57}{space 4}-26.76851{col 70}{space 3}-2.717781
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.78294{col 29}{space 2}  5.53959{col 40}{space 1}   -3.39{col 49}{space 3}0.001{col 57}{space 4}-29.67164{col 70}{space 3}-7.894236
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-22.25881{col 29}{space 2} 5.780809{col 40}{space 1}   -3.85{col 49}{space 3}0.000{col 57}{space 4}-33.62166{col 70}{space 3}-10.89597
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -24.2735{col 29}{space 2} 6.650787{col 40}{space 1}   -3.65{col 49}{space 3}0.000{col 57}{space 4}-37.34639{col 70}{space 3}-11.20062
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-21.70107{col 29}{space 2} 6.938611{col 40}{space 1}   -3.13{col 49}{space 3}0.002{col 57}{space 4}-35.33971{col 70}{space 3} -8.06243
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-26.38765{col 29}{space 2} 6.901673{col 40}{space 1}   -3.82{col 49}{space 3}0.000{col 57}{space 4}-39.95368{col 70}{space 3}-12.82162
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-31.26692{col 29}{space 2}  8.06974{col 40}{space 1}   -3.87{col 49}{space 3}0.000{col 57}{space 4}-47.12892{col 70}{space 3}-15.40492
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-28.57703{col 29}{space 2} 7.296969{col 40}{space 1}   -3.92{col 49}{space 3}0.000{col 57}{space 4}-42.92006{col 70}{space 3}  -14.234
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-34.92482{col 29}{space 2} 8.303601{col 40}{space 1}   -4.21{col 49}{space 3}0.000{col 57}{space 4} -51.2465{col 70}{space 3}-18.60314
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-31.75379{col 29}{space 2} 8.069037{col 40}{space 1}   -3.94{col 49}{space 3}0.000{col 57}{space 4}-47.61441{col 70}{space 3}-15.89317
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-29.30566{col 29}{space 2} 8.130211{col 40}{space 1}   -3.60{col 49}{space 3}0.000{col 57}{space 4}-45.28652{col 70}{space 3}-13.32479
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-28.08046{col 29}{space 2} 7.934097{col 40}{space 1}   -3.54{col 49}{space 3}0.000{col 57}{space 4}-43.67584{col 70}{space 3}-12.48509
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -16.8103{col 29}{space 2} 5.683562{col 40}{space 1}   -2.96{col 49}{space 3}0.003{col 57}{space 4}  -27.982{col 70}{space 3} -5.63861
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates4280pcols!=. & year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       476
{txt}{hline 13}{c +}{hline 34}   F(54, 421)      = {res}     4.48
{txt}       Model {c |} {res} 8169.37214        54  151.284669   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 14218.0844       421  33.7721719   {txt}R-squared       ={res}    0.3649
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2834
{txt}       Total {c |} {res} 22387.4565       475  47.1314874   {txt}Root MSE        =   {res} 5.8114

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2011739{col 29}{space 2}    .0358{col 40}{space 1}   -5.62{col 49}{space 3}0.000{col 57}{space 4}-.2715429{col 70}{space 3}-.1308049
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0050076{col 29}{space 2} .0017291{col 40}{space 1}    2.90{col 49}{space 3}0.004{col 57}{space 4} .0016089{col 70}{space 3} .0084064
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0258091{col 29}{space 2} .0523435{col 40}{space 1}    0.49{col 49}{space 3}0.622{col 57}{space 4}-.0770781{col 70}{space 3} .1286963
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033101{col 29}{space 2} .0024074{col 40}{space 1}    1.37{col 49}{space 3}0.170{col 57}{space 4}-.0014219{col 70}{space 3} .0080422
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2003353{col 29}{space 2} .0486344{col 40}{space 1}   -4.12{col 49}{space 3}0.000{col 57}{space 4}-.2959318{col 70}{space 3}-.1047388
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0039064{col 29}{space 2} .0024512{col 40}{space 1}    1.59{col 49}{space 3}0.112{col 57}{space 4}-.0009117{col 70}{space 3} .0087245
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0034801{col 29}{space 2} .0480764{col 40}{space 1}    0.07{col 49}{space 3}0.942{col 57}{space 4}-.0910195{col 70}{space 3} .0979798
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0023678{col 29}{space 2} .0024507{col 40}{space 1}   -0.97{col 49}{space 3}0.334{col 57}{space 4}-.0071849{col 70}{space 3} .0024492
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.678534{col 29}{space 2} 1.497697{col 40}{space 1}    1.12{col 49}{space 3}0.263{col 57}{space 4}-1.265362{col 70}{space 3}  4.62243
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-2.199928{col 29}{space 2} 3.160267{col 40}{space 1}   -0.70{col 49}{space 3}0.487{col 57}{space 4}-8.411794{col 70}{space 3} 4.011939
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.9783106{col 29}{space 2} 1.779153{col 40}{space 1}   -0.55{col 49}{space 3}0.583{col 57}{space 4} -4.47544{col 70}{space 3} 2.518818
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.690959{col 29}{space 2} 2.210765{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4} 3.345448{col 70}{space 3} 12.03647
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.508707{col 29}{space 2} 1.689466{col 40}{space 1}   -1.48{col 49}{space 3}0.138{col 57}{space 4}-5.829546{col 70}{space 3} .8121328
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.805659{col 29}{space 2} 2.067425{col 40}{space 1}    2.32{col 49}{space 3}0.021{col 57}{space 4} .7418979{col 70}{space 3}  8.86942
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.350256{col 29}{space 2}  1.60004{col 40}{space 1}    0.84{col 49}{space 3}0.399{col 57}{space 4}-1.794807{col 70}{space 3} 4.495319
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .7556856{col 29}{space 2} 2.197294{col 40}{space 1}    0.34{col 49}{space 3}0.731{col 57}{space 4}-3.563347{col 70}{space 3} 5.074718
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.819901{col 29}{space 2} 1.425476{col 40}{space 1}    1.28{col 49}{space 3}0.202{col 57}{space 4}-.9820361{col 70}{space 3} 4.621838
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 9.041885{col 29}{space 2} 2.042877{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 5.026375{col 70}{space 3} 13.05739
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-6.412561{col 29}{space 2} 3.097709{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-12.50146{col 70}{space 3} -.323659
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-3.344827{col 29}{space 2} 2.923817{col 40}{space 1}   -1.14{col 49}{space 3}0.253{col 57}{space 4}-9.091925{col 70}{space 3} 2.402271
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.645867{col 29}{space 2} 2.193511{col 40}{space 1}    3.49{col 49}{space 3}0.001{col 57}{space 4}  3.33427{col 70}{space 3} 11.95746
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-1.843143{col 29}{space 2} 2.728897{col 40}{space 1}   -0.68{col 49}{space 3}0.500{col 57}{space 4}-7.207104{col 70}{space 3} 3.520818
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-6.044969{col 29}{space 2} 2.871781{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4}-11.68978{col 70}{space 3}-.4001543
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-4.340797{col 29}{space 2}  2.76785{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-9.781324{col 70}{space 3} 1.099731
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-5.648475{col 29}{space 2} 2.932764{col 40}{space 1}   -1.93{col 49}{space 3}0.055{col 57}{space 4}-11.41316{col 70}{space 3} .1162092
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-5.088359{col 29}{space 2} 2.885297{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-10.75974{col 70}{space 3}  .583024
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-4.088541{col 29}{space 2} 2.875321{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-9.740314{col 70}{space 3} 1.563232
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-6.358174{col 29}{space 2}  2.70286{col 40}{space 1}   -2.35{col 49}{space 3}0.019{col 57}{space 4}-11.67096{col 70}{space 3}-1.045391
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-6.917235{col 29}{space 2}  2.99277{col 40}{space 1}   -2.31{col 49}{space 3}0.021{col 57}{space 4}-12.79987{col 70}{space 3}-1.034603
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-9.861601{col 29}{space 2} 3.317592{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-16.38271{col 70}{space 3}-3.340494
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-6.539124{col 29}{space 2}   3.0713{col 40}{space 1}   -2.13{col 49}{space 3}0.034{col 57}{space 4}-12.57612{col 70}{space 3}-.5021322
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} -7.43112{col 29}{space 2} 2.985312{col 40}{space 1}   -2.49{col 49}{space 3}0.013{col 57}{space 4}-13.29909{col 70}{space 3}-1.563146
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.60419{col 29}{space 2} 3.298313{col 40}{space 1}   -4.12{col 49}{space 3}0.000{col 57}{space 4} -20.0874{col 70}{space 3}-7.120977
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-11.51625{col 29}{space 2} 3.335454{col 40}{space 1}   -3.45{col 49}{space 3}0.001{col 57}{space 4}-18.07247{col 70}{space 3} -4.96003
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} -9.68281{col 29}{space 2} 3.377639{col 40}{space 1}   -2.87{col 49}{space 3}0.004{col 57}{space 4}-16.32195{col 70}{space 3}-3.043672
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-11.60231{col 29}{space 2} 3.697034{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-18.86925{col 70}{space 3}-4.335366
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-9.094712{col 29}{space 2} 3.891283{col 40}{space 1}   -2.34{col 49}{space 3}0.020{col 57}{space 4}-16.74347{col 70}{space 3}-1.445949
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-10.83332{col 29}{space 2} 4.222438{col 40}{space 1}   -2.57{col 49}{space 3}0.011{col 57}{space 4}-19.13301{col 70}{space 3}-2.533637
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-15.08363{col 29}{space 2} 4.647206{col 40}{space 1}   -3.25{col 49}{space 3}0.001{col 57}{space 4}-24.21824{col 70}{space 3} -5.94901
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-15.12138{col 29}{space 2} 5.074217{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-25.09533{col 70}{space 3} -5.14742
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-6.558175{col 29}{space 2}  5.47665{col 40}{space 1}   -1.20{col 49}{space 3}0.232{col 57}{space 4}-17.32316{col 70}{space 3}  4.20681
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-16.33731{col 29}{space 2}  5.91733{col 40}{space 1}   -2.76{col 49}{space 3}0.006{col 57}{space 4} -27.9685{col 70}{space 3}-4.706122
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.74315{col 29}{space 2} 6.352577{col 40}{space 1}   -2.32{col 49}{space 3}0.021{col 57}{space 4}-27.22987{col 70}{space 3}-2.256428
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-18.78294{col 29}{space 2} 6.615202{col 40}{space 1}   -2.84{col 49}{space 3}0.005{col 57}{space 4}-31.78588{col 70}{space 3}-5.779997
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-22.25881{col 29}{space 2} 6.949966{col 40}{space 1}   -3.20{col 49}{space 3}0.001{col 57}{space 4}-35.91977{col 70}{space 3}-8.597856
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} -24.2735{col 29}{space 2} 7.725204{col 40}{space 1}   -3.14{col 49}{space 3}0.002{col 57}{space 4}-39.45828{col 70}{space 3}-9.088727
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-21.70107{col 29}{space 2} 8.391753{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-38.19602{col 70}{space 3}-5.206113
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-26.38765{col 29}{space 2} 8.445828{col 40}{space 1}   -3.12{col 49}{space 3}0.002{col 57}{space 4} -42.9889{col 70}{space 3}-9.786409
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-31.26692{col 29}{space 2} 8.582746{col 40}{space 1}   -3.64{col 49}{space 3}0.000{col 57}{space 4}-48.13729{col 70}{space 3}-14.39655
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-28.57703{col 29}{space 2} 9.337458{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-46.93088{col 70}{space 3}-10.22319
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-34.92482{col 29}{space 2} 9.638784{col 40}{space 1}   -3.62{col 49}{space 3}0.000{col 57}{space 4}-53.87095{col 70}{space 3}-15.97868
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-31.75379{col 29}{space 2} 10.01652{col 40}{space 1}   -3.17{col 49}{space 3}0.002{col 57}{space 4} -51.4424{col 70}{space 3}-12.06518
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-29.30566{col 29}{space 2} 10.37163{col 40}{space 1}   -2.83{col 49}{space 3}0.005{col 57}{space 4}-49.69228{col 70}{space 3}-8.919029
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-28.08046{col 29}{space 2} 10.27488{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-48.27692{col 70}{space 3}-7.884003
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} -16.8103{col 29}{space 2} 7.082493{col 40}{space 1}   -2.37{col 49}{space 3}0.018{col 57}{space 4}-30.73175{col 70}{space 3} -2.88885
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       476{col 27}-1591.914{col 38}-1483.866{col 49}    55{col 58} 3077.731{col 69} 3306.829
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force
{txt}
{com}. 
. *** 2.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   419) ={res}    1.65
{txt}{col 13}Prob > F ={res}    0.1926
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force
{txt}
{com}. 
. *** 2.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   419) ={res}    0.08
{txt}{col 13}Prob > F ={res}    0.9202
{txt}
{com}. 
. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4280inc!=. & year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       476
{txt}maximum lag: {res}6{col 49}{txt}F( 49,       426){col 67}= {res}     35.97
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1730553{col 29}{space 2} .0350298{col 40}{space 1}   -4.94{col 49}{space 3}0.000{col 57}{space 4}-.2419081{col 70}{space 3}-.1042024
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  2.63659{col 29}{space 2} .8912712{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4}  .884753{col 70}{space 3} 4.388426
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}  1.65223{col 29}{space 2} 1.179237{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4} -.665618{col 70}{space 3} 3.970078
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-60.30998{col 29}{space 2} 23.67858{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-106.8514{col 70}{space 3}-13.76858
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 260.3629{col 29}{space 2} 58.04388{col 40}{space 1}    4.49{col 49}{space 3}0.000{col 57}{space 4} 146.2749{col 70}{space 3}  374.451
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 103.0295{col 29}{space 2} 30.47169{col 40}{space 1}    3.38{col 49}{space 3}0.001{col 57}{space 4} 43.13596{col 70}{space 3} 162.9231
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-68.52104{col 29}{space 2} 47.58162{col 40}{space 1}   -1.44{col 49}{space 3}0.151{col 57}{space 4} -162.045{col 70}{space 3} 25.00293
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 112.6515{col 29}{space 2} 36.89107{col 40}{space 1}    3.05{col 49}{space 3}0.002{col 57}{space 4} 40.14035{col 70}{space 3} 185.1627
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -160.639{col 29}{space 2} 37.28391{col 40}{space 1}   -4.31{col 49}{space 3}0.000{col 57}{space 4}-233.9223{col 70}{space 3}-87.35568
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 34.66431{col 29}{space 2} 26.12861{col 40}{space 1}    1.33{col 49}{space 3}0.185{col 57}{space 4}-16.69273{col 70}{space 3} 86.02134
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 148.2116{col 29}{space 2} 42.54738{col 40}{space 1}    3.48{col 49}{space 3}0.001{col 57}{space 4} 64.58269{col 70}{space 3} 231.8406
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-27.89656{col 29}{space 2} 25.99038{col 40}{space 1}   -1.07{col 49}{space 3}0.284{col 57}{space 4} -78.9819{col 70}{space 3} 23.18878
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-57.54343{col 29}{space 2} 45.27703{col 40}{space 1}   -1.27{col 49}{space 3}0.204{col 57}{space 4}-146.5376{col 70}{space 3} 31.45075
{txt}{space 12}48  {c |}{col 17}{res}{space 2}   298.89{col 29}{space 2} 61.56079{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4} 177.8893{col 70}{space 3} 419.8907
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 279.3495{col 29}{space 2} 61.37801{col 40}{space 1}    4.55{col 49}{space 3}0.000{col 57}{space 4}  158.708{col 70}{space 3} 399.9909
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-77.93535{col 29}{space 2} 47.83554{col 40}{space 1}   -1.63{col 49}{space 3}0.104{col 57}{space 4}-171.9584{col 70}{space 3}  16.0877
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 449.5319{col 29}{space 2} 60.79937{col 40}{space 1}    7.39{col 49}{space 3}0.000{col 57}{space 4} 330.0278{col 70}{space 3}  569.036
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 300.5516{col 29}{space 2} 71.01024{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 160.9775{col 70}{space 3} 440.1256
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 568.7047{col 29}{space 2} 64.66114{col 40}{space 1}    8.80{col 49}{space 3}0.000{col 57}{space 4} 441.6101{col 70}{space 3} 695.7993
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 553.0143{col 29}{space 2} 56.46139{col 40}{space 1}    9.79{col 49}{space 3}0.000{col 57}{space 4} 442.0367{col 70}{space 3} 663.9919
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 582.7018{col 29}{space 2} 49.43332{col 40}{space 1}   11.79{col 49}{space 3}0.000{col 57}{space 4} 485.5383{col 70}{space 3} 679.8654
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 594.5409{col 29}{space 2} 55.01574{col 40}{space 1}   10.81{col 49}{space 3}0.000{col 57}{space 4} 486.4048{col 70}{space 3}  702.677
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 411.6191{col 29}{space 2} 55.11845{col 40}{space 1}    7.47{col 49}{space 3}0.000{col 57}{space 4} 303.2811{col 70}{space 3} 519.9571
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 792.3867{col 29}{space 2} 56.26593{col 40}{space 1}   14.08{col 49}{space 3}0.000{col 57}{space 4} 681.7933{col 70}{space 3} 902.9801
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 738.3026{col 29}{space 2} 64.99088{col 40}{space 1}   11.36{col 49}{space 3}0.000{col 57}{space 4} 610.5599{col 70}{space 3} 866.0453
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 543.5855{col 29}{space 2}  70.0961{col 40}{space 1}    7.75{col 49}{space 3}0.000{col 57}{space 4} 405.8082{col 70}{space 3} 681.3627
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 576.5473{col 29}{space 2} 68.40604{col 40}{space 1}    8.43{col 49}{space 3}0.000{col 57}{space 4} 442.0919{col 70}{space 3} 711.0026
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 763.7224{col 29}{space 2}  61.7315{col 40}{space 1}   12.37{col 49}{space 3}0.000{col 57}{space 4} 642.3862{col 70}{space 3} 885.0586
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 607.6575{col 29}{space 2} 67.16568{col 40}{space 1}    9.05{col 49}{space 3}0.000{col 57}{space 4} 475.6401{col 70}{space 3} 739.6748
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 738.6602{col 29}{space 2} 69.32075{col 40}{space 1}   10.66{col 49}{space 3}0.000{col 57}{space 4} 602.4069{col 70}{space 3} 874.9135
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 810.7909{col 29}{space 2} 69.73946{col 40}{space 1}   11.63{col 49}{space 3}0.000{col 57}{space 4} 673.7147{col 70}{space 3} 947.8672
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 865.2415{col 29}{space 2} 75.67021{col 40}{space 1}   11.43{col 49}{space 3}0.000{col 57}{space 4}  716.508{col 70}{space 3} 1013.975
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 986.2955{col 29}{space 2} 79.09642{col 40}{space 1}   12.47{col 49}{space 3}0.000{col 57}{space 4} 830.8276{col 70}{space 3} 1141.763
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1095.729{col 29}{space 2} 85.03731{col 40}{space 1}   12.89{col 49}{space 3}0.000{col 57}{space 4} 928.5838{col 70}{space 3} 1262.874
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1155.183{col 29}{space 2} 98.59961{col 40}{space 1}   11.72{col 49}{space 3}0.000{col 57}{space 4} 961.3802{col 70}{space 3} 1348.985
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1163.861{col 29}{space 2} 106.3313{col 40}{space 1}   10.95{col 49}{space 3}0.000{col 57}{space 4} 954.8618{col 70}{space 3} 1372.861
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1242.625{col 29}{space 2} 114.5302{col 40}{space 1}   10.85{col 49}{space 3}0.000{col 57}{space 4}  1017.51{col 70}{space 3} 1467.739
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1248.343{col 29}{space 2} 131.6731{col 40}{space 1}    9.48{col 49}{space 3}0.000{col 57}{space 4} 989.5334{col 70}{space 3} 1507.153
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1164.901{col 29}{space 2} 137.9126{col 40}{space 1}    8.45{col 49}{space 3}0.000{col 57}{space 4} 893.8273{col 70}{space 3} 1435.975
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  1277.17{col 29}{space 2} 140.6809{col 40}{space 1}    9.08{col 49}{space 3}0.000{col 57}{space 4} 1000.655{col 70}{space 3} 1553.685
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1611.635{col 29}{space 2} 152.1434{col 40}{space 1}   10.59{col 49}{space 3}0.000{col 57}{space 4} 1312.589{col 70}{space 3}  1910.68
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1644.57{col 29}{space 2}  172.146{col 40}{space 1}    9.55{col 49}{space 3}0.000{col 57}{space 4} 1306.209{col 70}{space 3} 1982.932
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1135.055{col 29}{space 2}  180.586{col 40}{space 1}    6.29{col 49}{space 3}0.000{col 57}{space 4} 780.1047{col 70}{space 3} 1490.006
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1157.015{col 29}{space 2} 184.1676{col 40}{space 1}    6.28{col 49}{space 3}0.000{col 57}{space 4} 795.0248{col 70}{space 3} 1519.005
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1649.239{col 29}{space 2}  178.069{col 40}{space 1}    9.26{col 49}{space 3}0.000{col 57}{space 4} 1299.236{col 70}{space 3} 1999.242
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}  1591.68{col 29}{space 2}  195.759{col 40}{space 1}    8.13{col 49}{space 3}0.000{col 57}{space 4} 1206.907{col 70}{space 3} 1976.454
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1771.568{col 29}{space 2} 206.6516{col 40}{space 1}    8.57{col 49}{space 3}0.000{col 57}{space 4} 1365.384{col 70}{space 3} 2177.752
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1421.695{col 29}{space 2} 216.6425{col 40}{space 1}    6.56{col 49}{space 3}0.000{col 57}{space 4} 995.8743{col 70}{space 3} 1847.517
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1131.803{col 29}{space 2} 211.3559{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 716.3728{col 70}{space 3} 1547.233
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 283.6549{col 29}{space 2} 143.5423{col 40}{space 1}    1.98{col 49}{space 3}0.049{col 57}{space 4} 1.515677{col 70}{space 3} 565.7942
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates4280incols!=. & year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       476
{txt}{hline 13}{c +}{hline 34}   F(49, 426)      = {res}    30.71
{txt}       Model {c |} {res} 20861985.8        49  425754.813   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 5906779.29       426  13865.6791   {txt}R-squared       ={res}    0.7793
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7540
{txt}       Total {c |} {res} 26768765.1       475   56355.295   {txt}Root MSE        =   {res} 117.75

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1730553{col 29}{space 2} .0299156{col 40}{space 1}   -5.78{col 49}{space 3}0.000{col 57}{space 4}-.2318559{col 70}{space 3}-.1142547
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  2.63659{col 29}{space 2} .6443711{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4} 1.370047{col 70}{space 3} 3.903132
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}  1.65223{col 29}{space 2} .9589816{col 40}{space 1}    1.72{col 49}{space 3}0.086{col 57}{space 4}-.2326948{col 70}{space 3} 3.537154
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-60.30998{col 29}{space 2} 29.77798{col 40}{space 1}   -2.03{col 49}{space 3}0.043{col 57}{space 4}  -118.84{col 70}{space 3}-1.779928
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 260.3629{col 29}{space 2} 56.90868{col 40}{space 1}    4.58{col 49}{space 3}0.000{col 57}{space 4} 148.5062{col 70}{space 3} 372.2197
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 103.0295{col 29}{space 2} 34.35489{col 40}{space 1}    3.00{col 49}{space 3}0.003{col 57}{space 4} 35.50334{col 70}{space 3} 170.5557
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-68.52104{col 29}{space 2} 41.75485{col 40}{space 1}   -1.64{col 49}{space 3}0.102{col 57}{space 4}-150.5922{col 70}{space 3} 13.55013
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 112.6515{col 29}{space 2} 32.65685{col 40}{space 1}    3.45{col 49}{space 3}0.001{col 57}{space 4} 48.46291{col 70}{space 3} 176.8401
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -160.639{col 29}{space 2} 38.84691{col 40}{space 1}   -4.14{col 49}{space 3}0.000{col 57}{space 4}-236.9945{col 70}{space 3}-84.28353
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 34.66431{col 29}{space 2} 31.87232{col 40}{space 1}    1.09{col 49}{space 3}0.277{col 57}{space 4}-27.98228{col 70}{space 3} 97.31089
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 148.2116{col 29}{space 2}  41.8514{col 40}{space 1}    3.54{col 49}{space 3}0.000{col 57}{space 4} 65.95067{col 70}{space 3} 230.4726
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-27.89656{col 29}{space 2} 28.86861{col 40}{space 1}   -0.97{col 49}{space 3}0.334{col 57}{space 4}-84.63921{col 70}{space 3} 28.84609
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-57.54343{col 29}{space 2} 40.44201{col 40}{space 1}   -1.42{col 49}{space 3}0.156{col 57}{space 4}-137.0342{col 70}{space 3}  21.9473
{txt}{space 12}48  {c |}{col 17}{res}{space 2}   298.89{col 29}{space 2} 55.49346{col 40}{space 1}    5.39{col 49}{space 3}0.000{col 57}{space 4} 189.8149{col 70}{space 3} 407.9651
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 279.3495{col 29}{space 2}  53.6554{col 40}{space 1}    5.21{col 49}{space 3}0.000{col 57}{space 4} 173.8872{col 70}{space 3} 384.8118
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-77.93535{col 29}{space 2} 41.29752{col 40}{space 1}   -1.89{col 49}{space 3}0.060{col 57}{space 4}-159.1076{col 70}{space 3}  3.23691
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 449.5319{col 29}{space 2} 45.93728{col 40}{space 1}    9.79{col 49}{space 3}0.000{col 57}{space 4}   359.24{col 70}{space 3} 539.8238
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 300.5516{col 29}{space 2} 45.11801{col 40}{space 1}    6.66{col 49}{space 3}0.000{col 57}{space 4} 211.8699{col 70}{space 3} 389.2332
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 568.7047{col 29}{space 2} 45.21362{col 40}{space 1}   12.58{col 49}{space 3}0.000{col 57}{space 4} 479.8352{col 70}{space 3} 657.5743
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 553.0143{col 29}{space 2} 44.58984{col 40}{space 1}   12.40{col 49}{space 3}0.000{col 57}{space 4} 465.3708{col 70}{space 3} 640.6578
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 582.7018{col 29}{space 2}  44.7999{col 40}{space 1}   13.01{col 49}{space 3}0.000{col 57}{space 4} 494.6455{col 70}{space 3} 670.7582
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 594.5409{col 29}{space 2} 45.50776{col 40}{space 1}   13.06{col 49}{space 3}0.000{col 57}{space 4} 505.0932{col 70}{space 3} 683.9886
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 411.6191{col 29}{space 2} 46.58518{col 40}{space 1}    8.84{col 49}{space 3}0.000{col 57}{space 4} 320.0537{col 70}{space 3} 503.1845
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 792.3867{col 29}{space 2} 46.26026{col 40}{space 1}   17.13{col 49}{space 3}0.000{col 57}{space 4} 701.4599{col 70}{space 3} 883.3135
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 738.3026{col 29}{space 2} 49.98852{col 40}{space 1}   14.77{col 49}{space 3}0.000{col 57}{space 4} 640.0477{col 70}{space 3} 836.5574
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 543.5855{col 29}{space 2}  53.1332{col 40}{space 1}   10.23{col 49}{space 3}0.000{col 57}{space 4} 439.1496{col 70}{space 3} 648.0213
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 576.5473{col 29}{space 2} 52.73074{col 40}{space 1}   10.93{col 49}{space 3}0.000{col 57}{space 4} 472.9025{col 70}{space 3} 680.1921
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 763.7224{col 29}{space 2} 53.88749{col 40}{space 1}   14.17{col 49}{space 3}0.000{col 57}{space 4} 657.8039{col 70}{space 3} 869.6409
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 607.6575{col 29}{space 2} 57.96861{col 40}{space 1}   10.48{col 49}{space 3}0.000{col 57}{space 4} 493.7173{col 70}{space 3} 721.5976
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 738.6602{col 29}{space 2} 57.97335{col 40}{space 1}   12.74{col 49}{space 3}0.000{col 57}{space 4} 624.7108{col 70}{space 3} 852.6097
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 810.7909{col 29}{space 2} 60.41386{col 40}{space 1}   13.42{col 49}{space 3}0.000{col 57}{space 4} 692.0446{col 70}{space 3} 929.5373
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 865.2415{col 29}{space 2} 63.94757{col 40}{space 1}   13.53{col 49}{space 3}0.000{col 57}{space 4} 739.5494{col 70}{space 3} 990.9335
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 986.2955{col 29}{space 2} 67.97959{col 40}{space 1}   14.51{col 49}{space 3}0.000{col 57}{space 4} 852.6783{col 70}{space 3} 1119.913
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1095.729{col 29}{space 2} 74.92013{col 40}{space 1}   14.63{col 49}{space 3}0.000{col 57}{space 4} 948.4696{col 70}{space 3} 1242.988
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1155.183{col 29}{space 2} 83.88927{col 40}{space 1}   13.77{col 49}{space 3}0.000{col 57}{space 4} 990.2941{col 70}{space 3} 1320.071
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1163.861{col 29}{space 2} 92.09155{col 40}{space 1}   12.64{col 49}{space 3}0.000{col 57}{space 4} 982.8508{col 70}{space 3} 1344.872
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1242.625{col 29}{space 2} 98.60126{col 40}{space 1}   12.60{col 49}{space 3}0.000{col 57}{space 4} 1048.819{col 70}{space 3}  1436.43
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1248.343{col 29}{space 2} 108.0292{col 40}{space 1}   11.56{col 49}{space 3}0.000{col 57}{space 4} 1036.007{col 70}{space 3}  1460.68
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1164.901{col 29}{space 2} 116.2323{col 40}{space 1}   10.02{col 49}{space 3}0.000{col 57}{space 4} 936.4411{col 70}{space 3} 1393.361
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}  1277.17{col 29}{space 2} 121.4166{col 40}{space 1}   10.52{col 49}{space 3}0.000{col 57}{space 4} 1038.519{col 70}{space 3}  1515.82
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1611.635{col 29}{space 2}  128.971{col 40}{space 1}   12.50{col 49}{space 3}0.000{col 57}{space 4} 1358.136{col 70}{space 3} 1865.133
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1644.57{col 29}{space 2} 143.6551{col 40}{space 1}   11.45{col 49}{space 3}0.000{col 57}{space 4} 1362.209{col 70}{space 3} 1926.932
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1135.055{col 29}{space 2}  156.811{col 40}{space 1}    7.24{col 49}{space 3}0.000{col 57}{space 4} 826.8356{col 70}{space 3} 1443.275
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1157.015{col 29}{space 2}  155.585{col 40}{space 1}    7.44{col 49}{space 3}0.000{col 57}{space 4} 851.2052{col 70}{space 3} 1462.825
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1649.239{col 29}{space 2} 154.6121{col 40}{space 1}   10.67{col 49}{space 3}0.000{col 57}{space 4} 1345.342{col 70}{space 3} 1953.137
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}  1591.68{col 29}{space 2} 167.0229{col 40}{space 1}    9.53{col 49}{space 3}0.000{col 57}{space 4} 1263.389{col 70}{space 3} 1919.972
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1771.568{col 29}{space 2} 175.4296{col 40}{space 1}   10.10{col 49}{space 3}0.000{col 57}{space 4} 1426.753{col 70}{space 3} 2116.383
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1421.695{col 29}{space 2} 186.7649{col 40}{space 1}    7.61{col 49}{space 3}0.000{col 57}{space 4}   1054.6{col 70}{space 3} 1788.791
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1131.803{col 29}{space 2} 185.8687{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 766.4691{col 70}{space 3} 1497.137
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 283.6549{col 29}{space 2} 121.6963{col 40}{space 1}    2.33{col 49}{space 3}0.020{col 57}{space 4} 44.45499{col 70}{space 3} 522.8549
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       476{col 27}-3278.499{col 38}-2918.849{col 49}    50{col 58} 5937.698{col 69} 6145.968
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4280pc!=. & year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       476
{txt}maximum lag: {res}6{col 49}{txt}F( 49,       426){col 67}= {res}      3.23
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2373646{col 29}{space 2} .0370623{col 40}{space 1}   -6.40{col 49}{space 3}0.000{col 57}{space 4}-.3102123{col 70}{space 3}-.1645169
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0060446{col 29}{space 2} .0013289{col 40}{space 1}    4.55{col 49}{space 3}0.000{col 57}{space 4} .0034327{col 70}{space 3} .0086565
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0041882{col 29}{space 2} .0031737{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.0020499{col 70}{space 3} .0104262
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.995026{col 29}{space 2} 1.144504{col 40}{space 1}    1.74{col 49}{space 3}0.082{col 57}{space 4}-.2545513{col 70}{space 3} 4.244604
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-3.360622{col 29}{space 2} 2.895986{col 40}{space 1}   -1.16{col 49}{space 3}0.247{col 57}{space 4}-9.052821{col 70}{space 3} 2.331578
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-1.409314{col 29}{space 2} 1.089868{col 40}{space 1}   -1.29{col 49}{space 3}0.197{col 57}{space 4}-3.551501{col 70}{space 3} .7328744
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 9.449786{col 29}{space 2} 2.255696{col 40}{space 1}    4.19{col 49}{space 3}0.000{col 57}{space 4} 5.016106{col 70}{space 3} 13.88347
{txt}{space 12}22  {c |}{col 17}{res}{space 2} -3.03938{col 29}{space 2} 1.162442{col 40}{space 1}   -2.61{col 49}{space 3}0.009{col 57}{space 4}-5.324216{col 70}{space 3}-.7545444
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 5.748974{col 29}{space 2} 1.534642{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 2.732561{col 70}{space 3} 8.765387
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.554102{col 29}{space 2} 1.202711{col 40}{space 1}    1.29{col 49}{space 3}0.197{col 57}{space 4}-.8098837{col 70}{space 3} 3.918088
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .7023001{col 29}{space 2} 1.475259{col 40}{space 1}    0.48{col 49}{space 3}0.634{col 57}{space 4}-2.197393{col 70}{space 3} 3.601993
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.999762{col 29}{space 2} .9889365{col 40}{space 1}    2.02{col 49}{space 3}0.044{col 57}{space 4} .0559591{col 70}{space 3} 3.943564
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 10.26159{col 29}{space 2} 2.283676{col 40}{space 1}    4.49{col 49}{space 3}0.000{col 57}{space 4} 5.772913{col 70}{space 3} 14.75026
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-7.997695{col 29}{space 2} 2.283964{col 40}{space 1}   -3.50{col 49}{space 3}0.001{col 57}{space 4}-12.48694{col 70}{space 3}-3.508453
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-4.391928{col 29}{space 2} 2.072452{col 40}{space 1}   -2.12{col 49}{space 3}0.035{col 57}{space 4}-8.465433{col 70}{space 3}-.3184231
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 9.420876{col 29}{space 2} 2.431407{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 4.641828{col 70}{space 3} 14.19992
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.5837295{col 29}{space 2}  1.99667{col 40}{space 1}   -0.29{col 49}{space 3}0.770{col 57}{space 4}-4.508281{col 70}{space 3} 3.340822
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.953908{col 29}{space 2} 2.881503{col 40}{space 1}   -1.03{col 49}{space 3}0.306{col 57}{space 4}-8.617641{col 70}{space 3} 2.709826
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.350685{col 29}{space 2} 2.838781{col 40}{space 1}   -1.18{col 49}{space 3}0.239{col 57}{space 4}-8.930447{col 70}{space 3} 2.229076
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.967424{col 29}{space 2} 2.537067{col 40}{space 1}   -1.17{col 49}{space 3}0.243{col 57}{space 4}-7.954152{col 70}{space 3} 2.019305
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-3.618379{col 29}{space 2}  2.65666{col 40}{space 1}   -1.36{col 49}{space 3}0.174{col 57}{space 4}-8.840172{col 70}{space 3} 1.603415
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} -2.99444{col 29}{space 2} 2.748498{col 40}{space 1}   -1.09{col 49}{space 3}0.277{col 57}{space 4}-8.396745{col 70}{space 3} 2.407864
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.247546{col 29}{space 2} 2.441572{col 40}{space 1}   -2.15{col 49}{space 3}0.032{col 57}{space 4}-10.04657{col 70}{space 3}-.4485178
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-7.260729{col 29}{space 2} 3.430452{col 40}{space 1}   -2.12{col 49}{space 3}0.035{col 57}{space 4}-14.00345{col 70}{space 3}-.5180097
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-7.964235{col 29}{space 2} 3.268851{col 40}{space 1}   -2.44{col 49}{space 3}0.015{col 57}{space 4}-14.38932{col 70}{space 3} -1.53915
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-5.900671{col 29}{space 2}  2.95598{col 40}{space 1}   -2.00{col 49}{space 3}0.047{col 57}{space 4}-11.71079{col 70}{space 3}-.0905493
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-7.522237{col 29}{space 2} 2.901584{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-13.22544{col 70}{space 3}-1.819035
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.72162{col 29}{space 2} 4.435411{col 40}{space 1}   -3.09{col 49}{space 3}0.002{col 57}{space 4}-22.43963{col 70}{space 3}-5.003602
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-10.97539{col 29}{space 2} 3.322591{col 40}{space 1}   -3.30{col 49}{space 3}0.001{col 57}{space 4} -17.5061{col 70}{space 3}-4.444675
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-9.292722{col 29}{space 2}  3.75831{col 40}{space 1}   -2.47{col 49}{space 3}0.014{col 57}{space 4}-16.67986{col 70}{space 3}-1.905583
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} -11.1804{col 29}{space 2} 3.864314{col 40}{space 1}   -2.89{col 49}{space 3}0.004{col 57}{space 4} -18.7759{col 70}{space 3}-3.584906
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-9.495996{col 29}{space 2} 4.218531{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-17.78772{col 70}{space 3} -1.20427
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.09882{col 29}{space 2} 4.728998{col 40}{space 1}   -2.35{col 49}{space 3}0.019{col 57}{space 4}-20.39389{col 70}{space 3}-1.803743
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-15.92235{col 29}{space 2} 5.110984{col 40}{space 1}   -3.12{col 49}{space 3}0.002{col 57}{space 4}-25.96823{col 70}{space 3} -5.87646
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-16.29067{col 29}{space 2} 5.272926{col 40}{space 1}   -3.09{col 49}{space 3}0.002{col 57}{space 4}-26.65486{col 70}{space 3}-5.926477
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-7.454906{col 29}{space 2} 7.176866{col 40}{space 1}   -1.04{col 49}{space 3}0.300{col 57}{space 4}-21.56138{col 70}{space 3}  6.65157
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-17.44144{col 29}{space 2} 5.834079{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4} -28.9086{col 70}{space 3}-5.974272
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-18.30801{col 29}{space 2} 6.714606{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-31.50589{col 70}{space 3}-5.110128
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-20.57588{col 29}{space 2} 6.279358{col 40}{space 1}   -3.28{col 49}{space 3}0.001{col 57}{space 4}-32.91826{col 70}{space 3}-8.233497
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-24.92319{col 29}{space 2} 6.748016{col 40}{space 1}   -3.69{col 49}{space 3}0.000{col 57}{space 4}-38.18674{col 70}{space 3}-11.65964
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-26.71192{col 29}{space 2}  7.72169{col 40}{space 1}   -3.46{col 49}{space 3}0.001{col 57}{space 4}-41.88927{col 70}{space 3}-11.53456
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-23.10219{col 29}{space 2} 7.764866{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-38.36441{col 70}{space 3}-7.839972
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-28.58705{col 29}{space 2} 7.538079{col 40}{space 1}   -3.79{col 49}{space 3}0.000{col 57}{space 4} -43.4035{col 70}{space 3}-13.77059
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-37.11903{col 29}{space 2} 9.162625{col 40}{space 1}   -4.05{col 49}{space 3}0.000{col 57}{space 4}-55.12861{col 70}{space 3}-19.10945
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-32.56169{col 29}{space 2} 8.537904{col 40}{space 1}   -3.81{col 49}{space 3}0.000{col 57}{space 4}-49.34335{col 70}{space 3}-15.78002
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-35.40183{col 29}{space 2} 8.669324{col 40}{space 1}   -4.08{col 49}{space 3}0.000{col 57}{space 4} -52.4418{col 70}{space 3}-18.36185
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-36.12077{col 29}{space 2} 9.431115{col 40}{space 1}   -3.83{col 49}{space 3}0.000{col 57}{space 4}-54.65808{col 70}{space 3}-17.58346
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-32.69867{col 29}{space 2} 9.239165{col 40}{space 1}   -3.54{col 49}{space 3}0.000{col 57}{space 4} -50.8587{col 70}{space 3}-14.53865
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-33.27142{col 29}{space 2} 8.626509{col 40}{space 1}   -3.86{col 49}{space 3}0.000{col 57}{space 4}-50.22724{col 70}{space 3} -16.3156
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-22.31882{col 29}{space 2} 4.770233{col 40}{space 1}   -4.68{col 49}{space 3}0.000{col 57}{space 4}-31.69494{col 70}{space 3}-12.94269
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates4280pcols!=. & year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       476
{txt}{hline 13}{c +}{hline 34}   F(49, 426)      = {res}     4.31
{txt}       Model {c |} {res} 7414.59175        49  151.318199   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 14972.8648       426  35.1475699   {txt}R-squared       ={res}    0.3312
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2543
{txt}       Total {c |} {res} 22387.4565       475  47.1314874   {txt}Root MSE        =   {res} 5.9285

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2373646{col 29}{space 2} .0310099{col 40}{space 1}   -7.65{col 49}{space 3}0.000{col 57}{space 4}-.2983161{col 70}{space 3}-.1764131
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0060446{col 29}{space 2} .0015366{col 40}{space 1}    3.93{col 49}{space 3}0.000{col 57}{space 4} .0030244{col 70}{space 3} .0090648
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0041882{col 29}{space 2} .0024309{col 40}{space 1}    1.72{col 49}{space 3}0.086{col 57}{space 4}-.0005898{col 70}{space 3} .0089662
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.995026{col 29}{space 2}  1.50334{col 40}{space 1}    1.33{col 49}{space 3}0.185{col 57}{space 4}-.9598619{col 70}{space 3} 4.949915
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-3.360622{col 29}{space 2} 2.930231{col 40}{space 1}   -1.15{col 49}{space 3}0.252{col 57}{space 4}-9.120132{col 70}{space 3} 2.398889
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-1.409314{col 29}{space 2} 1.746509{col 40}{space 1}   -0.81{col 49}{space 3}0.420{col 57}{space 4}-4.842161{col 70}{space 3} 2.023534
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 9.449786{col 29}{space 2} 2.058583{col 40}{space 1}    4.59{col 49}{space 3}0.000{col 57}{space 4} 5.403542{col 70}{space 3} 13.49603
{txt}{space 12}22  {c |}{col 17}{res}{space 2} -3.03938{col 29}{space 2} 1.660476{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-6.303126{col 70}{space 3} .2243652
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 5.748974{col 29}{space 2} 1.975166{col 40}{space 1}    2.91{col 49}{space 3}0.004{col 57}{space 4} 1.866691{col 70}{space 3} 9.631258
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.554102{col 29}{space 2}  1.60515{col 40}{space 1}    0.97{col 49}{space 3}0.333{col 57}{space 4}-1.600897{col 70}{space 3} 4.709102
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .7023001{col 29}{space 2}  2.13763{col 40}{space 1}    0.33{col 49}{space 3}0.743{col 57}{space 4}-3.499315{col 70}{space 3} 4.903916
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.999762{col 29}{space 2} 1.451822{col 40}{space 1}    1.38{col 49}{space 3}0.169{col 57}{space 4}-.8538651{col 70}{space 3} 4.853388
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 10.26159{col 29}{space 2} 1.979502{col 40}{space 1}    5.18{col 49}{space 3}0.000{col 57}{space 4} 6.370781{col 70}{space 3} 14.15239
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-7.997695{col 29}{space 2} 2.861398{col 40}{space 1}   -2.80{col 49}{space 3}0.005{col 57}{space 4}-13.62191{col 70}{space 3} -2.37348
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-4.391928{col 29}{space 2} 2.777891{col 40}{space 1}   -1.58{col 49}{space 3}0.115{col 57}{space 4}-9.852008{col 70}{space 3} 1.068152
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 9.420876{col 29}{space 2} 2.037393{col 40}{space 1}    4.62{col 49}{space 3}0.000{col 57}{space 4} 5.416283{col 70}{space 3} 13.42547
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2}-.5837295{col 29}{space 2} 2.559452{col 40}{space 1}   -0.23{col 49}{space 3}0.820{col 57}{space 4}-5.614456{col 70}{space 3} 4.446997
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-2.953908{col 29}{space 2} 2.382661{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-7.637143{col 70}{space 3} 1.729328
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-3.350685{col 29}{space 2} 2.660844{col 40}{space 1}   -1.26{col 49}{space 3}0.209{col 57}{space 4}-8.580703{col 70}{space 3} 1.879332
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-2.967424{col 29}{space 2} 2.615158{col 40}{space 1}   -1.13{col 49}{space 3}0.257{col 57}{space 4}-8.107642{col 70}{space 3} 2.172795
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-3.618379{col 29}{space 2} 2.660303{col 40}{space 1}   -1.36{col 49}{space 3}0.175{col 57}{space 4}-8.847332{col 70}{space 3} 1.610575
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} -2.99444{col 29}{space 2} 2.707743{col 40}{space 1}   -1.11{col 49}{space 3}0.269{col 57}{space 4}-8.316639{col 70}{space 3} 2.327758
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-5.247546{col 29}{space 2} 2.538629{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-10.23734{col 70}{space 3}-.2577491
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-7.260729{col 29}{space 2} 3.006158{col 40}{space 1}   -2.42{col 49}{space 3}0.016{col 57}{space 4}-13.16948{col 70}{space 3}-1.351981
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-7.964235{col 29}{space 2} 3.070642{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-13.99973{col 70}{space 3}-1.928739
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-5.900671{col 29}{space 2} 2.971999{col 40}{space 1}   -1.99{col 49}{space 3}0.048{col 57}{space 4}-11.74228{col 70}{space 3}-.0590647
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-7.522237{col 29}{space 2} 2.982177{col 40}{space 1}   -2.52{col 49}{space 3}0.012{col 57}{space 4}-13.38385{col 70}{space 3}-1.660625
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-13.72162{col 29}{space 2}  3.22329{col 40}{space 1}   -4.26{col 49}{space 3}0.000{col 57}{space 4}-20.05715{col 70}{space 3}-7.386085
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-10.97539{col 29}{space 2} 3.229929{col 40}{space 1}   -3.40{col 49}{space 3}0.001{col 57}{space 4}-17.32397{col 70}{space 3}-4.626807
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-9.292722{col 29}{space 2} 3.400495{col 40}{space 1}   -2.73{col 49}{space 3}0.007{col 57}{space 4}-15.97656{col 70}{space 3}-2.608884
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} -11.1804{col 29}{space 2} 3.587487{col 40}{space 1}   -3.12{col 49}{space 3}0.002{col 57}{space 4}-18.23178{col 70}{space 3}-4.129023
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-9.495996{col 29}{space 2} 3.822148{col 40}{space 1}   -2.48{col 49}{space 3}0.013{col 57}{space 4}-17.00861{col 70}{space 3}-1.983379
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-11.09882{col 29}{space 2} 4.148903{col 40}{space 1}   -2.68{col 49}{space 3}0.008{col 57}{space 4}-19.25369{col 70}{space 3}-2.943948
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-15.92235{col 29}{space 2} 4.558209{col 40}{space 1}   -3.49{col 49}{space 3}0.001{col 57}{space 4}-24.88173{col 70}{space 3}-6.962965
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-16.29067{col 29}{space 2}  5.01561{col 40}{space 1}   -3.25{col 49}{space 3}0.001{col 57}{space 4}-26.14909{col 70}{space 3}-6.432244
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-7.454906{col 29}{space 2} 5.424716{col 40}{space 1}   -1.37{col 49}{space 3}0.170{col 57}{space 4}-18.11745{col 70}{space 3} 3.207635
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-17.44144{col 29}{space 2} 5.754861{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-28.75289{col 70}{space 3}-6.129978
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-18.30801{col 29}{space 2}  6.16998{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4} -30.4354{col 70}{space 3}-6.180616
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-20.57588{col 29}{space 2} 6.428579{col 40}{space 1}   -3.20{col 49}{space 3}0.001{col 57}{space 4}-33.21156{col 70}{space 3}-7.940195
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-24.92319{col 29}{space 2} 6.754022{col 40}{space 1}   -3.69{col 49}{space 3}0.000{col 57}{space 4}-38.19855{col 70}{space 3}-11.64784
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-26.71192{col 29}{space 2} 7.479576{col 40}{space 1}   -3.57{col 49}{space 3}0.000{col 57}{space 4}-41.41339{col 70}{space 3}-12.01045
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-23.10219{col 29}{space 2} 8.194635{col 40}{space 1}   -2.82{col 49}{space 3}0.005{col 57}{space 4}-39.20914{col 70}{space 3}-6.995241
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-28.58705{col 29}{space 2} 8.251017{col 40}{space 1}   -3.46{col 49}{space 3}0.001{col 57}{space 4}-44.80482{col 70}{space 3}-12.36927
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-37.11903{col 29}{space 2} 8.129694{col 40}{space 1}   -4.57{col 49}{space 3}0.000{col 57}{space 4}-53.09834{col 70}{space 3}-21.13972
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-32.56169{col 29}{space 2} 8.619261{col 40}{space 1}   -3.78{col 49}{space 3}0.000{col 57}{space 4}-49.50326{col 70}{space 3}-15.62011
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-35.40183{col 29}{space 2} 9.102038{col 40}{space 1}   -3.89{col 49}{space 3}0.000{col 57}{space 4}-53.29232{col 70}{space 3}-17.51133
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-36.12077{col 29}{space 2} 9.675949{col 40}{space 1}   -3.73{col 49}{space 3}0.000{col 57}{space 4}-55.13931{col 70}{space 3}-17.10222
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-32.69867{col 29}{space 2}  9.89626{col 40}{space 1}   -3.30{col 49}{space 3}0.001{col 57}{space 4}-52.15025{col 70}{space 3}-13.24709
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-33.27142{col 29}{space 2} 9.622683{col 40}{space 1}   -3.46{col 49}{space 3}0.001{col 57}{space 4}-52.18526{col 70}{space 3}-14.35757
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-22.31882{col 29}{space 2} 6.070478{col 40}{space 1}   -3.68{col 49}{space 3}0.000{col 57}{space 4}-34.25064{col 70}{space 3}  -10.387
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       476{col 27}-1591.914{col 38}-1496.176{col 49}    50{col 58} 3092.352{col 69} 3300.623
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force
{txt}
{com}. 
. *** 2.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   419) ={res}    1.27
{txt}{col 13}Prob > F ={res}    0.2698
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force
{txt}
{com}. 
. *** 2.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   419) ={res}    2.27
{txt}{col 13}Prob > F ={res}    0.0363
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 2.F: SOUTHERN STATES (N = 14): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       490
{txt}maximum lag: {res}6{col 49}{txt}F( 55,       434){col 67}= {res}     43.21
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1948293{col 29}{space 2} .0458791{col 40}{space 1}   -4.25{col 49}{space 3}0.000{col 57}{space 4}-.2850021{col 70}{space 3}-.1046565
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  3.15625{col 29}{space 2} .8807598{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 1.425165{col 70}{space 3} 4.887335
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1242381{col 29}{space 2} .0740966{col 40}{space 1}    1.68{col 49}{space 3}0.094{col 57}{space 4}-.0213948{col 70}{space 3} .2698709
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.448123{col 29}{space 2} 1.106114{col 40}{space 1}    1.31{col 49}{space 3}0.191{col 57}{space 4}-.7258823{col 70}{space 3} 3.622129
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0100871{col 29}{space 2} .0530333{col 40}{space 1}   -0.19{col 49}{space 3}0.849{col 57}{space 4}-.1143212{col 70}{space 3}  .094147
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.061238{col 29}{space 2} .9377766{col 40}{space 1}   -1.13{col 49}{space 3}0.258{col 57}{space 4}-2.904387{col 70}{space 3}   .78191
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0926102{col 29}{space 2} .0501574{col 40}{space 1}   -1.85{col 49}{space 3}0.066{col 57}{space 4}-.1911918{col 70}{space 3} .0059714
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.4136449{col 29}{space 2} 1.030563{col 40}{space 1}   -0.40{col 49}{space 3}0.688{col 57}{space 4}-2.439161{col 70}{space 3} 1.611871
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-59.90038{col 29}{space 2} 24.51381{col 40}{space 1}   -2.44{col 49}{space 3}0.015{col 57}{space 4}-108.0809{col 70}{space 3}-11.71983
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 292.0117{col 29}{space 2} 76.00846{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 142.6212{col 70}{space 3} 441.4021
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 112.2374{col 29}{space 2} 35.15633{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 43.13959{col 70}{space 3} 181.3353
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-86.04942{col 29}{space 2} 46.29743{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-177.0445{col 70}{space 3} 4.945648
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 118.9429{col 29}{space 2}  38.6707{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4} 42.93771{col 70}{space 3}  194.948
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-175.6385{col 29}{space 2} 45.39656{col 40}{space 1}   -3.87{col 49}{space 3}0.000{col 57}{space 4}-264.8629{col 70}{space 3}-86.41402
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 44.35697{col 29}{space 2}  27.9258{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-10.52966{col 70}{space 3}  99.2436
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 155.1637{col 29}{space 2} 49.00041{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4} 58.85613{col 70}{space 3} 251.4714
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-22.46945{col 29}{space 2} 27.05635{col 40}{space 1}   -0.83{col 49}{space 3}0.407{col 57}{space 4}-75.64722{col 70}{space 3} 30.70832
{txt}{space 12}47  {c |}{col 17}{res}{space 2} -71.1399{col 29}{space 2}  43.2518{col 40}{space 1}   -1.64{col 49}{space 3}0.101{col 57}{space 4}-156.1489{col 70}{space 3} 13.86914
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 330.9805{col 29}{space 2} 76.28485{col 40}{space 1}    4.34{col 49}{space 3}0.000{col 57}{space 4} 181.0468{col 70}{space 3} 480.9142
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 307.9776{col 29}{space 2} 72.18557{col 40}{space 1}    4.27{col 49}{space 3}0.000{col 57}{space 4} 166.1008{col 70}{space 3} 449.8544
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-88.90118{col 29}{space 2} 45.32999{col 40}{space 1}   -1.96{col 49}{space 3}0.050{col 57}{space 4}-177.9948{col 70}{space 3} .1924337
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-16.56599{col 29}{space 2} 76.31939{col 40}{space 1}   -0.22{col 49}{space 3}0.828{col 57}{space 4}-166.5676{col 70}{space 3} 133.4356
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 383.1989{col 29}{space 2} 77.02709{col 40}{space 1}    4.97{col 49}{space 3}0.000{col 57}{space 4} 231.8064{col 70}{space 3} 534.5914
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 125.7079{col 29}{space 2} 92.12656{col 40}{space 1}    1.36{col 49}{space 3}0.173{col 57}{space 4}-55.36175{col 70}{space 3} 306.7777
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 420.6475{col 29}{space 2} 73.40719{col 40}{space 1}    5.73{col 49}{space 3}0.000{col 57}{space 4} 276.3697{col 70}{space 3} 564.9253
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 423.7208{col 29}{space 2} 60.72014{col 40}{space 1}    6.98{col 49}{space 3}0.000{col 57}{space 4} 304.3787{col 70}{space 3} 543.0629
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 452.8096{col 29}{space 2} 50.72676{col 40}{space 1}    8.93{col 49}{space 3}0.000{col 57}{space 4}  353.109{col 70}{space 3} 552.5103
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 493.8013{col 29}{space 2} 51.03534{col 40}{space 1}    9.68{col 49}{space 3}0.000{col 57}{space 4} 393.4942{col 70}{space 3} 594.1085
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 310.9473{col 29}{space 2} 52.60181{col 40}{space 1}    5.91{col 49}{space 3}0.000{col 57}{space 4} 207.5613{col 70}{space 3} 414.3333
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 714.5671{col 29}{space 2} 61.16435{col 40}{space 1}   11.68{col 49}{space 3}0.000{col 57}{space 4} 594.3519{col 70}{space 3} 834.7823
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 615.4423{col 29}{space 2} 65.82684{col 40}{space 1}    9.35{col 49}{space 3}0.000{col 57}{space 4} 486.0632{col 70}{space 3} 744.8213
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 425.6728{col 29}{space 2} 71.08899{col 40}{space 1}    5.99{col 49}{space 3}0.000{col 57}{space 4} 285.9513{col 70}{space 3} 565.3943
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 523.0661{col 29}{space 2} 70.09191{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 385.3043{col 70}{space 3} 660.8279
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 691.0136{col 29}{space 2} 72.90175{col 40}{space 1}    9.48{col 49}{space 3}0.000{col 57}{space 4} 547.7292{col 70}{space 3}  834.298
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}   493.87{col 29}{space 2} 78.42585{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 339.7283{col 70}{space 3} 648.0117
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 657.9897{col 29}{space 2} 82.80453{col 40}{space 1}    7.95{col 49}{space 3}0.000{col 57}{space 4}  495.242{col 70}{space 3} 820.7375
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 734.0717{col 29}{space 2}  80.3363{col 40}{space 1}    9.14{col 49}{space 3}0.000{col 57}{space 4} 576.1751{col 70}{space 3} 891.9683
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 769.3903{col 29}{space 2} 88.23703{col 40}{space 1}    8.72{col 49}{space 3}0.000{col 57}{space 4} 595.9652{col 70}{space 3} 942.8153
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 905.0864{col 29}{space 2} 90.62169{col 40}{space 1}    9.99{col 49}{space 3}0.000{col 57}{space 4} 726.9745{col 70}{space 3} 1083.198
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1013.263{col 29}{space 2}  94.9928{col 40}{space 1}   10.67{col 49}{space 3}0.000{col 57}{space 4} 826.5596{col 70}{space 3} 1199.966
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1073.958{col 29}{space 2} 106.3462{col 40}{space 1}   10.10{col 49}{space 3}0.000{col 57}{space 4} 864.9406{col 70}{space 3} 1282.976
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1102.098{col 29}{space 2} 114.9166{col 40}{space 1}    9.59{col 49}{space 3}0.000{col 57}{space 4} 876.2352{col 70}{space 3}  1327.96
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1201.202{col 29}{space 2} 128.6342{col 40}{space 1}    9.34{col 49}{space 3}0.000{col 57}{space 4} 948.3786{col 70}{space 3} 1454.026
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1202.529{col 29}{space 2}  148.302{col 40}{space 1}    8.11{col 49}{space 3}0.000{col 57}{space 4} 911.0499{col 70}{space 3} 1494.009
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1124.858{col 29}{space 2} 158.9433{col 40}{space 1}    7.08{col 49}{space 3}0.000{col 57}{space 4} 812.4632{col 70}{space 3} 1437.252
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1258.325{col 29}{space 2} 168.5727{col 40}{space 1}    7.46{col 49}{space 3}0.000{col 57}{space 4} 927.0043{col 70}{space 3} 1589.645
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1580.144{col 29}{space 2}  186.536{col 40}{space 1}    8.47{col 49}{space 3}0.000{col 57}{space 4} 1213.517{col 70}{space 3}  1946.77
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1579.91{col 29}{space 2} 203.2436{col 40}{space 1}    7.77{col 49}{space 3}0.000{col 57}{space 4} 1180.446{col 70}{space 3} 1979.374
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1101.179{col 29}{space 2} 206.3543{col 40}{space 1}    5.34{col 49}{space 3}0.000{col 57}{space 4} 695.6012{col 70}{space 3} 1506.757
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1214.629{col 29}{space 2} 223.2919{col 40}{space 1}    5.44{col 49}{space 3}0.000{col 57}{space 4} 775.7608{col 70}{space 3} 1653.497
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1686.028{col 29}{space 2} 232.1647{col 40}{space 1}    7.26{col 49}{space 3}0.000{col 57}{space 4} 1229.721{col 70}{space 3} 2142.335
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1527.409{col 29}{space 2} 250.4154{col 40}{space 1}    6.10{col 49}{space 3}0.000{col 57}{space 4} 1035.231{col 70}{space 3} 2019.586
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1741.269{col 29}{space 2} 260.5049{col 40}{space 1}    6.68{col 49}{space 3}0.000{col 57}{space 4} 1229.261{col 70}{space 3} 2253.277
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1431.244{col 29}{space 2} 259.4365{col 40}{space 1}    5.52{col 49}{space 3}0.000{col 57}{space 4} 921.3358{col 70}{space 3} 1941.152
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1184.017{col 29}{space 2} 279.7657{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 634.1526{col 70}{space 3} 1733.881
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 477.1408{col 29}{space 2} 173.3358{col 40}{space 1}    2.75{col 49}{space 3}0.006{col 57}{space 4} 136.4587{col 70}{space 3} 817.8228
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43114280inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       490
{txt}{hline 13}{c +}{hline 34}   F(55, 434)      = {res}    33.36
{txt}       Model {c |} {res} 25621958.6        55  465853.793   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 6060068.71       434   13963.292   {txt}R-squared       ={res}    0.8087
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7845
{txt}       Total {c |} {res} 31682027.3       489  64789.4219   {txt}Root MSE        =   {res} 118.17

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1948293{col 29}{space 2} .0343432{col 40}{space 1}   -5.67{col 49}{space 3}0.000{col 57}{space 4} -.262329{col 70}{space 3}-.1273296
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  3.15625{col 29}{space 2} .6913195{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4}   1.7975{col 70}{space 3} 4.515001
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1242381{col 29}{space 2} .0500364{col 40}{space 1}    2.48{col 49}{space 3}0.013{col 57}{space 4} .0258942{col 70}{space 3}  .222582
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} 1.448123{col 29}{space 2} .9838194{col 40}{space 1}    1.47{col 49}{space 3}0.142{col 57}{space 4}-.4855199{col 70}{space 3} 3.381766
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0100871{col 29}{space 2} .0487075{col 40}{space 1}   -0.21{col 49}{space 3}0.836{col 57}{space 4}-.1058189{col 70}{space 3} .0856447
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-1.061238{col 29}{space 2} .9725312{col 40}{space 1}   -1.09{col 49}{space 3}0.276{col 57}{space 4}-2.972695{col 70}{space 3} .8502182
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0926102{col 29}{space 2} .0462288{col 40}{space 1}   -2.00{col 49}{space 3}0.046{col 57}{space 4}-.1834703{col 70}{space 3}-.0017501
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.4136449{col 29}{space 2} .9813044{col 40}{space 1}   -0.42{col 49}{space 3}0.674{col 57}{space 4}-2.342345{col 70}{space 3} 1.515055
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-59.90038{col 29}{space 2}  29.9669{col 40}{space 1}   -2.00{col 49}{space 3}0.046{col 57}{space 4}-118.7987{col 70}{space 3}-1.002079
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 292.0117{col 29}{space 2}  63.7296{col 40}{space 1}    4.58{col 49}{space 3}0.000{col 57}{space 4} 166.7547{col 70}{space 3} 417.2687
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 112.2374{col 29}{space 2} 35.48608{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} 42.49149{col 70}{space 3} 181.9834
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-86.04942{col 29}{space 2} 43.63859{col 40}{space 1}   -1.97{col 49}{space 3}0.049{col 57}{space 4}-171.8187{col 70}{space 3}-.2801709
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 118.9429{col 29}{space 2} 33.66006{col 40}{space 1}    3.53{col 49}{space 3}0.000{col 57}{space 4} 52.78585{col 70}{space 3} 185.0999
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-175.6385{col 29}{space 2} 40.97556{col 40}{space 1}   -4.29{col 49}{space 3}0.000{col 57}{space 4}-256.1737{col 70}{space 3}-95.10324
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 44.35697{col 29}{space 2}  32.1243{col 40}{space 1}    1.38{col 49}{space 3}0.168{col 57}{space 4}-18.78157{col 70}{space 3} 107.4955
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 155.1637{col 29}{space 2} 44.00663{col 40}{space 1}    3.53{col 49}{space 3}0.000{col 57}{space 4} 68.67112{col 70}{space 3} 241.6564
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-22.46945{col 29}{space 2} 28.55258{col 40}{space 1}   -0.79{col 49}{space 3}0.432{col 57}{space 4}-78.58798{col 70}{space 3} 33.64908
{txt}{space 12}47  {c |}{col 17}{res}{space 2} -71.1399{col 29}{space 2}  40.8878{col 40}{space 1}   -1.74{col 49}{space 3}0.083{col 57}{space 4}-151.5026{col 70}{space 3} 9.222829
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 330.9805{col 29}{space 2} 61.06978{col 40}{space 1}    5.42{col 49}{space 3}0.000{col 57}{space 4} 210.9512{col 70}{space 3} 451.0098
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 307.9776{col 29}{space 2} 57.50833{col 40}{space 1}    5.36{col 49}{space 3}0.000{col 57}{space 4} 194.9481{col 70}{space 3} 421.0071
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-88.90118{col 29}{space 2} 43.15665{col 40}{space 1}   -2.06{col 49}{space 3}0.040{col 57}{space 4}-173.7232{col 70}{space 3}-4.079157
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-16.56599{col 29}{space 2} 53.86456{col 40}{space 1}   -0.31{col 49}{space 3}0.759{col 57}{space 4}-122.4338{col 70}{space 3} 89.30184
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 383.1989{col 29}{space 2} 68.12304{col 40}{space 1}    5.63{col 49}{space 3}0.000{col 57}{space 4} 249.3068{col 70}{space 3}  517.091
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 125.7079{col 29}{space 2} 73.35173{col 40}{space 1}    1.71{col 49}{space 3}0.087{col 57}{space 4}-18.46085{col 70}{space 3} 269.8767
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 420.6475{col 29}{space 2} 64.82319{col 40}{space 1}    6.49{col 49}{space 3}0.000{col 57}{space 4} 293.2411{col 70}{space 3}  548.054
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 423.7208{col 29}{space 2} 54.74311{col 40}{space 1}    7.74{col 49}{space 3}0.000{col 57}{space 4} 316.1262{col 70}{space 3} 531.3154
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 452.8096{col 29}{space 2} 54.22244{col 40}{space 1}    8.35{col 49}{space 3}0.000{col 57}{space 4} 346.2384{col 70}{space 3} 559.3809
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 493.8013{col 29}{space 2}  50.1541{col 40}{space 1}    9.85{col 49}{space 3}0.000{col 57}{space 4} 395.2262{col 70}{space 3} 592.3765
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 310.9473{col 29}{space 2} 52.21007{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 208.3313{col 70}{space 3} 413.5633
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 714.5671{col 29}{space 2} 53.64015{col 40}{space 1}   13.32{col 49}{space 3}0.000{col 57}{space 4} 609.1403{col 70}{space 3} 819.9939
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 615.4423{col 29}{space 2} 59.64244{col 40}{space 1}   10.32{col 49}{space 3}0.000{col 57}{space 4} 498.2184{col 70}{space 3} 732.6662
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 425.6728{col 29}{space 2} 61.24422{col 40}{space 1}    6.95{col 49}{space 3}0.000{col 57}{space 4} 305.3006{col 70}{space 3} 546.0449
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 523.0661{col 29}{space 2} 56.47106{col 40}{space 1}    9.26{col 49}{space 3}0.000{col 57}{space 4} 412.0754{col 70}{space 3} 634.0569
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 691.0136{col 29}{space 2} 63.71243{col 40}{space 1}   10.85{col 49}{space 3}0.000{col 57}{space 4} 565.7903{col 70}{space 3} 816.2369
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}   493.87{col 29}{space 2} 69.96864{col 40}{space 1}    7.06{col 49}{space 3}0.000{col 57}{space 4} 356.3505{col 70}{space 3} 631.3895
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 657.9897{col 29}{space 2} 68.23563{col 40}{space 1}    9.64{col 49}{space 3}0.000{col 57}{space 4} 523.8764{col 70}{space 3} 792.1031
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 734.0717{col 29}{space 2} 70.00546{col 40}{space 1}   10.49{col 49}{space 3}0.000{col 57}{space 4} 596.4798{col 70}{space 3} 871.6635
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 769.3903{col 29}{space 2} 75.31731{col 40}{space 1}   10.22{col 49}{space 3}0.000{col 57}{space 4} 621.3582{col 70}{space 3} 917.4223
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 905.0864{col 29}{space 2} 75.73433{col 40}{space 1}   11.95{col 49}{space 3}0.000{col 57}{space 4} 756.2348{col 70}{space 3} 1053.938
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1013.263{col 29}{space 2} 81.05396{col 40}{space 1}   12.50{col 49}{space 3}0.000{col 57}{space 4} 853.9557{col 70}{space 3}  1172.57
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1073.958{col 29}{space 2} 87.76498{col 40}{space 1}   12.24{col 49}{space 3}0.000{col 57}{space 4} 901.4611{col 70}{space 3} 1246.456
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1102.098{col 29}{space 2} 94.74125{col 40}{space 1}   11.63{col 49}{space 3}0.000{col 57}{space 4} 915.8888{col 70}{space 3} 1288.306
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1201.202{col 29}{space 2} 103.6247{col 40}{space 1}   11.59{col 49}{space 3}0.000{col 57}{space 4} 997.5334{col 70}{space 3} 1404.871
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1202.529{col 29}{space 2} 114.2381{col 40}{space 1}   10.53{col 49}{space 3}0.000{col 57}{space 4} 978.0006{col 70}{space 3} 1427.058
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1124.858{col 29}{space 2} 122.3789{col 40}{space 1}    9.19{col 49}{space 3}0.000{col 57}{space 4} 884.3286{col 70}{space 3} 1365.387
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1258.325{col 29}{space 2} 130.1918{col 40}{space 1}    9.67{col 49}{space 3}0.000{col 57}{space 4}  1002.44{col 70}{space 3}  1514.21
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1580.144{col 29}{space 2} 140.4427{col 40}{space 1}   11.25{col 49}{space 3}0.000{col 57}{space 4} 1304.111{col 70}{space 3} 1856.176
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1579.91{col 29}{space 2} 154.8062{col 40}{space 1}   10.21{col 49}{space 3}0.000{col 57}{space 4} 1275.647{col 70}{space 3} 1884.173
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1101.179{col 29}{space 2} 165.5622{col 40}{space 1}    6.65{col 49}{space 3}0.000{col 57}{space 4} 775.7758{col 70}{space 3} 1426.583
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1214.629{col 29}{space 2} 168.5456{col 40}{space 1}    7.21{col 49}{space 3}0.000{col 57}{space 4} 883.3617{col 70}{space 3} 1545.896
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1686.028{col 29}{space 2} 176.7546{col 40}{space 1}    9.54{col 49}{space 3}0.000{col 57}{space 4} 1338.626{col 70}{space 3} 2033.429
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1527.409{col 29}{space 2} 193.3273{col 40}{space 1}    7.90{col 49}{space 3}0.000{col 57}{space 4} 1147.434{col 70}{space 3} 1907.383
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1741.269{col 29}{space 2} 196.5727{col 40}{space 1}    8.86{col 49}{space 3}0.000{col 57}{space 4} 1354.916{col 70}{space 3} 2127.622
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1431.244{col 29}{space 2} 201.1833{col 40}{space 1}    7.11{col 49}{space 3}0.000{col 57}{space 4} 1035.829{col 70}{space 3} 1826.659
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 1184.017{col 29}{space 2} 208.0217{col 40}{space 1}    5.69{col 49}{space 3}0.000{col 57}{space 4} 775.1615{col 70}{space 3} 1592.872
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 477.1408{col 29}{space 2}  138.091{col 40}{space 1}    3.46{col 49}{space 3}0.001{col 57}{space 4} 205.7306{col 70}{space 3} 748.5509
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43114280incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       490{col 27}-3409.109{col 38}-3003.872{col 49}    56{col 58} 6119.745{col 69} 6354.631
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       490
{txt}maximum lag: {res}6{col 49}{txt}F( 55,       434){col 67}= {res}      3.69
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1860969{col 29}{space 2} .0330009{col 40}{space 1}   -5.64{col 49}{space 3}0.000{col 57}{space 4}-.2509583{col 70}{space 3}-.1212355
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0043613{col 29}{space 2} .0013172{col 40}{space 1}    3.31{col 49}{space 3}0.001{col 57}{space 4} .0017723{col 70}{space 3} .0069502
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0189123{col 29}{space 2}  .033028{col 40}{space 1}    0.57{col 49}{space 3}0.567{col 57}{space 4}-.0460024{col 70}{space 3}  .083827
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033988{col 29}{space 2} .0027008{col 40}{space 1}    1.26{col 49}{space 3}0.209{col 57}{space 4}-.0019095{col 70}{space 3} .0087071
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1917277{col 29}{space 2} .0659622{col 40}{space 1}   -2.91{col 49}{space 3}0.004{col 57}{space 4}-.3213728{col 70}{space 3}-.0620827
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0039723{col 29}{space 2} .0027673{col 40}{space 1}    1.44{col 49}{space 3}0.152{col 57}{space 4}-.0014667{col 70}{space 3} .0094112
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0034254{col 29}{space 2} .0300492{col 40}{space 1}    0.11{col 49}{space 3}0.909{col 57}{space 4}-.0556347{col 70}{space 3} .0624856
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0024099{col 29}{space 2} .0016073{col 40}{space 1}   -1.50{col 49}{space 3}0.134{col 57}{space 4}-.0055689{col 70}{space 3}  .000749
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.477367{col 29}{space 2} 1.106114{col 40}{space 1}    1.34{col 49}{space 3}0.182{col 57}{space 4}  -.69664{col 70}{space 3} 3.651374
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.635429{col 29}{space 2} 2.837843{col 40}{space 1}   -0.58{col 49}{space 3}0.565{col 57}{space 4}-7.213053{col 70}{space 3} 3.942195
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.6974182{col 29}{space 2} 1.089687{col 40}{space 1}   -0.64{col 49}{space 3}0.522{col 57}{space 4}-2.839138{col 70}{space 3} 1.444302
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.332451{col 29}{space 2} 2.181071{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 3.045675{col 70}{space 3} 11.61923
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.145696{col 29}{space 2} 1.199694{col 40}{space 1}   -1.79{col 49}{space 3}0.074{col 57}{space 4}-4.503629{col 70}{space 3} .2122378
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.235653{col 29}{space 2} 1.473382{col 40}{space 1}    2.87{col 49}{space 3}0.004{col 57}{space 4} 1.339802{col 70}{space 3} 7.131505
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.372619{col 29}{space 2} 1.191015{col 40}{space 1}    1.15{col 49}{space 3}0.250{col 57}{space 4}-.9682547{col 70}{space 3} 3.713493
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.086057{col 29}{space 2} 1.460906{col 40}{space 1}    0.74{col 49}{space 3}0.458{col 57}{space 4}-1.785273{col 70}{space 3} 3.957387
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.672952{col 29}{space 2} .9447804{col 40}{space 1}    1.77{col 49}{space 3}0.077{col 57}{space 4}-.1839622{col 70}{space 3} 3.529866
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.483301{col 29}{space 2} 2.050164{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4} 4.453815{col 70}{space 3} 12.51279
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -5.43464{col 29}{space 2} 2.298069{col 40}{space 1}   -2.36{col 49}{space 3}0.018{col 57}{space 4}-9.951368{col 70}{space 3} -.917912
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-2.539965{col 29}{space 2} 1.912034{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-6.297962{col 70}{space 3} 1.218032
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.177075{col 29}{space 2} 2.267611{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4}  2.72021{col 70}{space 3} 11.63394
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.731921{col 29}{space 2} 1.688487{col 40}{space 1}    1.62{col 49}{space 3}0.106{col 57}{space 4}-.5867077{col 70}{space 3}  6.05055
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} .5769503{col 29}{space 2} 1.889354{col 40}{space 1}    0.31{col 49}{space 3}0.760{col 57}{space 4}-3.136472{col 70}{space 3} 4.290372
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-3.557736{col 29}{space 2} 2.521222{col 40}{space 1}   -1.41{col 49}{space 3}0.159{col 57}{space 4}-8.513059{col 70}{space 3} 1.397587
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.839281{col 29}{space 2} 2.463238{col 40}{space 1}   -0.75{col 49}{space 3}0.456{col 57}{space 4}-6.680639{col 70}{space 3} 3.002077
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -2.96995{col 29}{space 2} 2.472489{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-7.829491{col 70}{space 3} 1.889591
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.285561{col 29}{space 2} 2.113887{col 40}{space 1}   -1.08{col 49}{space 3}0.280{col 57}{space 4}-6.440289{col 70}{space 3} 1.869168
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.198979{col 29}{space 2}  2.12593{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-5.377379{col 70}{space 3}  2.97942
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-3.370602{col 29}{space 2} 1.644661{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-6.603094{col 70}{space 3}-.1381105
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} -4.00579{col 29}{space 2} 2.208925{col 40}{space 1}   -1.81{col 49}{space 3}0.070{col 57}{space 4} -8.34731{col 70}{space 3} .3357302
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-6.720637{col 29}{space 2} 2.624212{col 40}{space 1}   -2.56{col 49}{space 3}0.011{col 57}{space 4}-11.87838{col 70}{space 3}-1.562892
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-3.197355{col 29}{space 2} 2.062058{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-7.250217{col 70}{space 3} .8555065
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-4.116038{col 29}{space 2} 1.812269{col 40}{space 1}   -2.27{col 49}{space 3}0.024{col 57}{space 4}-7.677953{col 70}{space 3}-.5541233
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-10.33762{col 29}{space 2} 3.178689{col 40}{space 1}   -3.25{col 49}{space 3}0.001{col 57}{space 4}-16.58516{col 70}{space 3}-4.090083
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-8.053209{col 29}{space 2}   2.2737{col 40}{space 1}   -3.54{col 49}{space 3}0.000{col 57}{space 4}-12.52204{col 70}{space 3}-3.584378
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.120457{col 29}{space 2} 2.612628{col 40}{space 1}   -2.34{col 49}{space 3}0.020{col 57}{space 4}-11.25543{col 70}{space 3}-.9854803
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-8.019123{col 29}{space 2} 2.693741{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-13.31352{col 70}{space 3}-2.724722
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-5.426274{col 29}{space 2} 2.895864{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-11.11794{col 70}{space 3} .2653878
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.052093{col 29}{space 2} 3.442173{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-13.81749{col 70}{space 3}-.2866913
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.18197{col 29}{space 2} 3.726887{col 40}{space 1}   -3.00{col 49}{space 3}0.003{col 57}{space 4}-18.50697{col 70}{space 3}-3.856982
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -10.9892{col 29}{space 2} 3.675319{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4}-18.21283{col 70}{space 3}-3.765559
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-2.162499{col 29}{space 2} 5.884095{col 40}{space 1}   -0.37{col 49}{space 3}0.713{col 57}{space 4}-13.72736{col 70}{space 3} 9.402366
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -11.8528{col 29}{space 2} 4.317972{col 40}{space 1}   -2.74{col 49}{space 3}0.006{col 57}{space 4}-20.33954{col 70}{space 3}-3.366067
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-10.20435{col 29}{space 2} 5.279533{col 40}{space 1}   -1.93{col 49}{space 3}0.054{col 57}{space 4}-20.58098{col 70}{space 3} .1722811
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.95804{col 29}{space 2} 4.702903{col 40}{space 1}   -2.97{col 49}{space 3}0.003{col 57}{space 4}-23.20134{col 70}{space 3}-4.714745
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-17.34609{col 29}{space 2} 5.046808{col 40}{space 1}   -3.44{col 49}{space 3}0.001{col 57}{space 4}-27.26531{col 70}{space 3}-7.426866
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.20319{col 29}{space 2}  5.72025{col 40}{space 1}   -3.36{col 49}{space 3}0.001{col 57}{space 4}-30.44603{col 70}{space 3}-7.960353
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-16.24008{col 29}{space 2} 5.979678{col 40}{space 1}   -2.72{col 49}{space 3}0.007{col 57}{space 4} -27.9928{col 70}{space 3}-4.487348
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-20.59792{col 29}{space 2} 6.163537{col 40}{space 1}   -3.34{col 49}{space 3}0.001{col 57}{space 4}-32.71201{col 70}{space 3}-8.483827
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-25.60334{col 29}{space 2} 7.734784{col 40}{space 1}   -3.31{col 49}{space 3}0.001{col 57}{space 4}-40.80564{col 70}{space 3}-10.40105
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-22.89741{col 29}{space 2} 6.751164{col 40}{space 1}   -3.39{col 49}{space 3}0.001{col 57}{space 4}-36.16645{col 70}{space 3}-9.628365
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-28.84518{col 29}{space 2} 7.647628{col 40}{space 1}   -3.77{col 49}{space 3}0.000{col 57}{space 4}-43.87617{col 70}{space 3}-13.81419
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-25.52459{col 29}{space 2} 7.355759{col 40}{space 1}   -3.47{col 49}{space 3}0.001{col 57}{space 4}-39.98193{col 70}{space 3}-11.06725
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-22.77147{col 29}{space 2} 7.572007{col 40}{space 1}   -3.01{col 49}{space 3}0.003{col 57}{space 4}-37.65383{col 70}{space 3}-7.889105
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-21.54323{col 29}{space 2} 7.678388{col 40}{space 1}   -2.81{col 49}{space 3}0.005{col 57}{space 4}-36.63468{col 70}{space 3} -6.45178
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-16.95069{col 29}{space 2} 5.590473{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-27.93846{col 70}{space 3}-5.962926
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43114280pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       490
{txt}{hline 13}{c +}{hline 34}   F(55, 434)      = {res}     4.44
{txt}       Model {c |} {res} 8085.80753        55  147.014682   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 14355.0025       434  33.0760427   {txt}R-squared       ={res}    0.3603
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2793
{txt}       Total {c |} {res} 22440.8101       489  45.8912271   {txt}Root MSE        =   {res} 5.7512

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1860969{col 29}{space 2} .0345511{col 40}{space 1}   -5.39{col 49}{space 3}0.000{col 57}{space 4}-.2540053{col 70}{space 3}-.1181886
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0043613{col 29}{space 2} .0016617{col 40}{space 1}    2.62{col 49}{space 3}0.009{col 57}{space 4} .0010954{col 70}{space 3} .0076271
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0189123{col 29}{space 2} .0515072{col 40}{space 1}    0.37{col 49}{space 3}0.714{col 57}{space 4}-.0823223{col 70}{space 3} .1201468
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0033988{col 29}{space 2} .0023206{col 40}{space 1}    1.46{col 49}{space 3}0.144{col 57}{space 4}-.0011622{col 70}{space 3} .0079597
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.1917277{col 29}{space 2} .0471389{col 40}{space 1}   -4.07{col 49}{space 3}0.000{col 57}{space 4}-.2843767{col 70}{space 3}-.0990788
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0039723{col 29}{space 2} .0023955{col 40}{space 1}    1.66{col 49}{space 3}0.098{col 57}{space 4} -.000736{col 70}{space 3} .0086805
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0034254{col 29}{space 2} .0457033{col 40}{space 1}    0.07{col 49}{space 3}0.940{col 57}{space 4}-.0864019{col 70}{space 3} .0932528
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0024099{col 29}{space 2} .0023753{col 40}{space 1}   -1.01{col 49}{space 3}0.311{col 57}{space 4}-.0070784{col 70}{space 3} .0022586
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.477367{col 29}{space 2}  1.45894{col 40}{space 1}    1.01{col 49}{space 3}0.312{col 57}{space 4}  -1.3901{col 70}{space 3} 4.344834
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.635429{col 29}{space 2} 3.076749{col 40}{space 1}   -0.53{col 49}{space 3}0.595{col 57}{space 4} -7.68261{col 70}{space 3} 4.411752
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.6974182{col 29}{space 2} 1.723608{col 40}{space 1}   -0.40{col 49}{space 3}0.686{col 57}{space 4}-4.085075{col 70}{space 3} 2.690239
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 7.332451{col 29}{space 2} 2.161001{col 40}{space 1}    3.39{col 49}{space 3}0.001{col 57}{space 4} 3.085122{col 70}{space 3} 11.57978
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.145696{col 29}{space 2}  1.64261{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-5.374155{col 70}{space 3} 1.082763
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 4.235653{col 29}{space 2} 1.995296{col 40}{space 1}    2.12{col 49}{space 3}0.034{col 57}{space 4} .3140079{col 70}{space 3} 8.157299
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.372619{col 29}{space 2}  1.55817{col 40}{space 1}    0.88{col 49}{space 3}0.379{col 57}{space 4}-1.689879{col 70}{space 3} 4.435117
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 1.086057{col 29}{space 2} 2.132023{col 40}{space 1}    0.51{col 49}{space 3}0.611{col 57}{space 4}-3.104318{col 70}{space 3} 5.276431
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.672952{col 29}{space 2} 1.388693{col 40}{space 1}    1.20{col 49}{space 3}0.229{col 57}{space 4}-1.056448{col 70}{space 3} 4.402352
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 8.483301{col 29}{space 2} 1.981221{col 40}{space 1}    4.28{col 49}{space 3}0.000{col 57}{space 4}  4.58932{col 70}{space 3} 12.37728
{txt}{space 12}48  {c |}{col 17}{res}{space 2} -5.43464{col 29}{space 2} 2.988843{col 40}{space 1}   -1.82{col 49}{space 3}0.070{col 57}{space 4}-11.30905{col 70}{space 3} .4397658
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-2.539965{col 29}{space 2} 2.812293{col 40}{space 1}   -0.90{col 49}{space 3}0.367{col 57}{space 4}-8.067371{col 70}{space 3} 2.987442
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 7.177075{col 29}{space 2} 2.138404{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 2.974159{col 70}{space 3} 11.37999
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.731921{col 29}{space 2} 2.586294{col 40}{space 1}    1.06{col 49}{space 3}0.291{col 57}{space 4}-2.351298{col 70}{space 3}  7.81514
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} .5769503{col 29}{space 2} 3.291004{col 40}{space 1}    0.18{col 49}{space 3}0.861{col 57}{space 4}-5.891337{col 70}{space 3} 7.045237
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-3.557736{col 29}{space 2} 2.991636{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4}-9.437631{col 70}{space 3}  2.32216
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-1.839281{col 29}{space 2} 2.729399{col 40}{space 1}   -0.67{col 49}{space 3}0.501{col 57}{space 4}-7.203766{col 70}{space 3} 3.525204
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} -2.96995{col 29}{space 2} 2.764536{col 40}{space 1}   -1.07{col 49}{space 3}0.283{col 57}{space 4}-8.403493{col 70}{space 3} 2.463593
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-2.285561{col 29}{space 2} 2.595637{col 40}{space 1}   -0.88{col 49}{space 3}0.379{col 57}{space 4}-7.387142{col 70}{space 3} 2.816021
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-1.198979{col 29}{space 2} 2.616818{col 40}{space 1}   -0.46{col 49}{space 3}0.647{col 57}{space 4}-6.342192{col 70}{space 3} 3.944233
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-3.370602{col 29}{space 2} 2.454248{col 40}{space 1}   -1.37{col 49}{space 3}0.170{col 57}{space 4}-8.194291{col 70}{space 3} 1.453087
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} -4.00579{col 29}{space 2} 2.936609{col 40}{space 1}   -1.36{col 49}{space 3}0.173{col 57}{space 4}-9.777534{col 70}{space 3} 1.765954
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-6.720637{col 29}{space 2} 3.060847{col 40}{space 1}   -2.20{col 49}{space 3}0.029{col 57}{space 4}-12.73656{col 70}{space 3}-.7047101
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-3.197355{col 29}{space 2} 2.667181{col 40}{space 1}   -1.20{col 49}{space 3}0.231{col 57}{space 4}-8.439553{col 70}{space 3} 2.044843
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}-4.116038{col 29}{space 2} 2.860871{col 40}{space 1}   -1.44{col 49}{space 3}0.151{col 57}{space 4}-9.738923{col 70}{space 3} 1.506847
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-10.33762{col 29}{space 2} 3.259984{col 40}{space 1}   -3.17{col 49}{space 3}0.002{col 57}{space 4}-16.74494{col 70}{space 3}-3.930302
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-8.053209{col 29}{space 2} 3.130344{col 40}{space 1}   -2.57{col 49}{space 3}0.010{col 57}{space 4}-14.20573{col 70}{space 3}-1.900689
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.120457{col 29}{space 2} 3.241455{col 40}{space 1}   -1.89{col 49}{space 3}0.060{col 57}{space 4}-12.49136{col 70}{space 3} .2504448
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-8.019123{col 29}{space 2}   3.5607{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-15.01748{col 70}{space 3}-1.020761
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-5.426274{col 29}{space 2} 3.642959{col 40}{space 1}   -1.49{col 49}{space 3}0.137{col 57}{space 4}-12.58631{col 70}{space 3} 1.733762
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.052093{col 29}{space 2} 3.937187{col 40}{space 1}   -1.79{col 49}{space 3}0.074{col 57}{space 4}-14.79042{col 70}{space 3} .6862318
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-11.18197{col 29}{space 2} 4.298236{col 40}{space 1}   -2.60{col 49}{space 3}0.010{col 57}{space 4}-19.62992{col 70}{space 3}-2.734027
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} -10.9892{col 29}{space 2} 4.656461{col 40}{space 1}   -2.36{col 49}{space 3}0.019{col 57}{space 4}-20.14122{col 70}{space 3}-1.837177
{txt}{space 10}1967  {c |}{col 17}{res}{space 2}-2.162499{col 29}{space 2} 5.046681{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-12.08147{col 70}{space 3} 7.756475
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} -11.8528{col 29}{space 2} 5.524399{col 40}{space 1}   -2.15{col 49}{space 3}0.032{col 57}{space 4}-22.71071{col 70}{space 3}-.9949004
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-10.20435{col 29}{space 2}  5.94125{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-21.88155{col 70}{space 3} 1.472848
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}-13.95804{col 29}{space 2} 6.205414{col 40}{space 1}   -2.25{col 49}{space 3}0.025{col 57}{space 4}-26.15444{col 70}{space 3}-1.761642
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-17.34609{col 29}{space 2} 6.615671{col 40}{space 1}   -2.62{col 49}{space 3}0.009{col 57}{space 4}-30.34883{col 70}{space 3}-4.343352
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-19.20319{col 29}{space 2} 7.384645{col 40}{space 1}   -2.60{col 49}{space 3}0.010{col 57}{space 4} -33.7173{col 70}{space 3}-4.689075
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-16.24008{col 29}{space 2} 7.921959{col 40}{space 1}   -2.05{col 49}{space 3}0.041{col 57}{space 4}-31.81025{col 70}{space 3}-.6699008
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-20.59792{col 29}{space 2} 7.907123{col 40}{space 1}   -2.60{col 49}{space 3}0.010{col 57}{space 4}-36.13894{col 70}{space 3}-5.056905
{txt}{space 10}1975  {c |}{col 17}{res}{space 2}-25.60334{col 29}{space 2} 8.234704{col 40}{space 1}   -3.11{col 49}{space 3}0.002{col 57}{space 4} -41.7882{col 70}{space 3}-9.418484
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-22.89741{col 29}{space 2} 9.092561{col 40}{space 1}   -2.52{col 49}{space 3}0.012{col 57}{space 4}-40.76834{col 70}{space 3}-5.026478
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-28.84518{col 29}{space 2} 9.239224{col 40}{space 1}   -3.12{col 49}{space 3}0.002{col 57}{space 4}-47.00437{col 70}{space 3}-10.68599
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-25.52459{col 29}{space 2} 9.544556{col 40}{space 1}   -2.67{col 49}{space 3}0.008{col 57}{space 4}-44.28389{col 70}{space 3}-6.765291
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-22.77147{col 29}{space 2} 9.860971{col 40}{space 1}   -2.31{col 49}{space 3}0.021{col 57}{space 4}-42.15266{col 70}{space 3}-3.390272
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-21.54323{col 29}{space 2} 9.838962{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-40.88117{col 70}{space 3}-2.205291
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-16.95069{col 29}{space 2} 6.824186{col 40}{space 1}   -2.48{col 49}{space 3}0.013{col 57}{space 4}-30.36326{col 70}{space 3} -3.53813
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43114280pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       490{col 27}-1632.216{col 38}-1522.755{col 49}    56{col 58} 3157.509{col 69} 3392.396
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43114280inc!=. & year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       490
{txt}maximum lag: {res}6{col 49}{txt}F( 50,       439){col 67}= {res}     39.66
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1851406{col 29}{space 2}  .032416{col 40}{space 1}   -5.71{col 49}{space 3}0.000{col 57}{space 4}-.2488504{col 70}{space 3}-.1214308
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.897224{col 29}{space 2} .8438416{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 1.238753{col 70}{space 3} 4.555696
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}  1.79395{col 29}{space 2} 1.177881{col 40}{space 1}    1.52{col 49}{space 3}0.128{col 57}{space 4} -.521036{col 70}{space 3} 4.108936
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-56.65955{col 29}{space 2} 22.92354{col 40}{space 1}   -2.47{col 49}{space 3}0.014{col 57}{space 4}-101.7131{col 70}{space 3}-11.60603
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 277.6283{col 29}{space 2} 56.04797{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4} 167.4726{col 70}{space 3} 387.7841
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 106.8044{col 29}{space 2}  29.7972{col 40}{space 1}    3.58{col 49}{space 3}0.000{col 57}{space 4} 48.24147{col 70}{space 3} 165.3673
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-73.45058{col 29}{space 2} 46.87096{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}  -165.57{col 70}{space 3} 18.66878
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 113.5783{col 29}{space 2} 34.66418{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 45.44994{col 70}{space 3} 181.7067
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-167.0361{col 29}{space 2} 35.93848{col 40}{space 1}   -4.65{col 49}{space 3}0.000{col 57}{space 4}-237.6689{col 70}{space 3}-96.40324
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 44.76519{col 29}{space 2} 26.89857{col 40}{space 1}    1.66{col 49}{space 3}0.097{col 57}{space 4}  -8.1008{col 70}{space 3} 97.63117
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 151.6438{col 29}{space 2} 41.74579{col 40}{space 1}    3.63{col 49}{space 3}0.000{col 57}{space 4} 69.59735{col 70}{space 3} 233.6902
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-21.15237{col 29}{space 2} 27.64039{col 40}{space 1}   -0.77{col 49}{space 3}0.445{col 57}{space 4}-75.47632{col 70}{space 3} 33.17157
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-65.79975{col 29}{space 2} 44.91883{col 40}{space 1}   -1.46{col 49}{space 3}0.144{col 57}{space 4}-154.0824{col 70}{space 3} 22.48293
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 315.2698{col 29}{space 2} 56.88335{col 40}{space 1}    5.54{col 49}{space 3}0.000{col 57}{space 4} 203.4723{col 70}{space 3} 427.0674
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 299.4008{col 29}{space 2} 57.09071{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 187.1958{col 70}{space 3} 411.6059
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-77.51742{col 29}{space 2} 46.50942{col 40}{space 1}   -1.67{col 49}{space 3}0.096{col 57}{space 4}-168.9262{col 70}{space 3} 13.89138
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-57.37863{col 29}{space 2} 65.47568{col 40}{space 1}   -0.88{col 49}{space 3}0.381{col 57}{space 4}-186.0634{col 70}{space 3} 71.30613
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 387.6027{col 29}{space 2} 62.92769{col 40}{space 1}    6.16{col 49}{space 3}0.000{col 57}{space 4} 263.9257{col 70}{space 3} 511.2797
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 240.6925{col 29}{space 2} 79.61682{col 40}{space 1}    3.02{col 49}{space 3}0.003{col 57}{space 4} 84.21503{col 70}{space 3}   397.17
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  508.873{col 29}{space 2} 58.09229{col 40}{space 1}    8.76{col 49}{space 3}0.000{col 57}{space 4} 394.6994{col 70}{space 3} 623.0465
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 496.0734{col 29}{space 2} 54.68709{col 40}{space 1}    9.07{col 49}{space 3}0.000{col 57}{space 4} 388.5924{col 70}{space 3} 603.5545
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 527.7029{col 29}{space 2} 46.77141{col 40}{space 1}   11.28{col 49}{space 3}0.000{col 57}{space 4} 435.7791{col 70}{space 3} 619.6266
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 541.2558{col 29}{space 2} 51.02814{col 40}{space 1}   10.61{col 49}{space 3}0.000{col 57}{space 4}  440.966{col 70}{space 3} 641.5456
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 360.0832{col 29}{space 2} 51.01445{col 40}{space 1}    7.06{col 49}{space 3}0.000{col 57}{space 4} 259.8202{col 70}{space 3} 460.3461
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 740.4671{col 29}{space 2}   51.491{col 40}{space 1}   14.38{col 49}{space 3}0.000{col 57}{space 4} 639.2676{col 70}{space 3} 841.6666
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 690.5844{col 29}{space 2} 58.65779{col 40}{space 1}   11.77{col 49}{space 3}0.000{col 57}{space 4} 575.2994{col 70}{space 3} 805.8694
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 498.2159{col 29}{space 2}  62.9001{col 40}{space 1}    7.92{col 49}{space 3}0.000{col 57}{space 4} 374.5932{col 70}{space 3} 621.8387
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 530.7589{col 29}{space 2} 61.01662{col 40}{space 1}    8.70{col 49}{space 3}0.000{col 57}{space 4} 410.8379{col 70}{space 3} 650.6799
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 718.9718{col 29}{space 2} 53.64151{col 40}{space 1}   13.40{col 49}{space 3}0.000{col 57}{space 4} 613.5457{col 70}{space 3} 824.3979
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 566.0692{col 29}{space 2} 57.63973{col 40}{space 1}    9.82{col 49}{space 3}0.000{col 57}{space 4} 452.7851{col 70}{space 3} 679.3533
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 696.9852{col 29}{space 2} 59.76495{col 40}{space 1}   11.66{col 49}{space 3}0.000{col 57}{space 4} 579.5242{col 70}{space 3} 814.4462
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 770.5128{col 29}{space 2} 59.89167{col 40}{space 1}   12.87{col 49}{space 3}0.000{col 57}{space 4} 652.8028{col 70}{space 3} 888.2229
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 826.7212{col 29}{space 2} 65.14798{col 40}{space 1}   12.69{col 49}{space 3}0.000{col 57}{space 4} 698.6805{col 70}{space 3} 954.7619
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 949.6303{col 29}{space 2}  68.2267{col 40}{space 1}   13.92{col 49}{space 3}0.000{col 57}{space 4} 815.5387{col 70}{space 3} 1083.722
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1062.577{col 29}{space 2} 73.10549{col 40}{space 1}   14.53{col 49}{space 3}0.000{col 57}{space 4} 918.8965{col 70}{space 3} 1206.257
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1126.353{col 29}{space 2} 85.26678{col 40}{space 1}   13.21{col 49}{space 3}0.000{col 57}{space 4} 958.7707{col 70}{space 3} 1293.934
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1137.586{col 29}{space 2} 92.43296{col 40}{space 1}   12.31{col 49}{space 3}0.000{col 57}{space 4} 955.9195{col 70}{space 3} 1319.252
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1218.753{col 29}{space 2} 100.7299{col 40}{space 1}   12.10{col 49}{space 3}0.000{col 57}{space 4} 1020.781{col 70}{space 3} 1416.726
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1228.453{col 29}{space 2} 117.0527{col 40}{space 1}   10.49{col 49}{space 3}0.000{col 57}{space 4} 998.3998{col 70}{space 3} 1458.507
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1148.456{col 29}{space 2} 121.5689{col 40}{space 1}    9.45{col 49}{space 3}0.000{col 57}{space 4} 909.5266{col 70}{space 3} 1387.385
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1263.152{col 29}{space 2}  124.003{col 40}{space 1}   10.19{col 49}{space 3}0.000{col 57}{space 4} 1019.439{col 70}{space 3} 1506.866
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1601.136{col 29}{space 2} 134.7963{col 40}{space 1}   11.88{col 49}{space 3}0.000{col 57}{space 4}  1336.21{col 70}{space 3} 1866.062
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1639.89{col 29}{space 2} 154.1837{col 40}{space 1}   10.64{col 49}{space 3}0.000{col 57}{space 4}  1336.86{col 70}{space 3}  1942.92
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1135.653{col 29}{space 2}  161.662{col 40}{space 1}    7.02{col 49}{space 3}0.000{col 57}{space 4} 817.9251{col 70}{space 3}  1453.38
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1157.797{col 29}{space 2} 164.8819{col 40}{space 1}    7.02{col 49}{space 3}0.000{col 57}{space 4} 833.7407{col 70}{space 3} 1481.853
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1650.357{col 29}{space 2} 158.1645{col 40}{space 1}   10.43{col 49}{space 3}0.000{col 57}{space 4} 1339.503{col 70}{space 3} 1961.211
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1598.203{col 29}{space 2} 174.1134{col 40}{space 1}    9.18{col 49}{space 3}0.000{col 57}{space 4} 1256.003{col 70}{space 3} 1940.402
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1781.682{col 29}{space 2} 184.4746{col 40}{space 1}    9.66{col 49}{space 3}0.000{col 57}{space 4} 1419.119{col 70}{space 3} 2144.246
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1436.153{col 29}{space 2} 193.3682{col 40}{space 1}    7.43{col 49}{space 3}0.000{col 57}{space 4} 1056.111{col 70}{space 3} 1816.196
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}  1145.51{col 29}{space 2} 189.1717{col 40}{space 1}    6.06{col 49}{space 3}0.000{col 57}{space 4} 773.7148{col 70}{space 3} 1517.304
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 385.5334{col 29}{space 2} 141.5825{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 107.2697{col 70}{space 3} 663.7972
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43114280incols!=. & year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       490
{txt}{hline 13}{c +}{hline 34}   F(50, 439)      = {res}    35.64
{txt}       Model {c |} {res} 25419657.4        50  508393.149   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 6262369.89       439  14265.0795   {txt}R-squared       ={res}    0.8023
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.7798
{txt}       Total {c |} {res} 31682027.3       489  64789.4219   {txt}Root MSE        =   {res} 119.44

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1851406{col 29}{space 2} .0290993{col 40}{space 1}   -6.36{col 49}{space 3}0.000{col 57}{space 4}-.2423318{col 70}{space 3}-.1279494
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 2.897224{col 29}{space 2} .6282771{col 40}{space 1}    4.61{col 49}{space 3}0.000{col 57}{space 4}  1.66242{col 70}{space 3} 4.132029
{txt}{space 12}D1. {c |}{col 17}{res}{space 2}  1.79395{col 29}{space 2}   .96894{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.1103876{col 70}{space 3} 3.698288
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-56.65955{col 29}{space 2} 29.70016{col 40}{space 1}   -1.91{col 49}{space 3}0.057{col 57}{space 4}-115.0317{col 70}{space 3} 1.712632
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 277.6283{col 29}{space 2}  56.5577{col 40}{space 1}    4.91{col 49}{space 3}0.000{col 57}{space 4} 166.4708{col 70}{space 3} 388.7859
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 106.8044{col 29}{space 2} 34.12096{col 40}{space 1}    3.13{col 49}{space 3}0.002{col 57}{space 4} 39.74363{col 70}{space 3} 173.8651
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-73.45058{col 29}{space 2} 41.83991{col 40}{space 1}   -1.76{col 49}{space 3}0.080{col 57}{space 4} -155.682{col 70}{space 3} 8.780848
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 113.5783{col 29}{space 2} 32.47495{col 40}{space 1}    3.50{col 49}{space 3}0.001{col 57}{space 4}  49.7526{col 70}{space 3}  177.404
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-167.0361{col 29}{space 2} 38.34072{col 40}{space 1}   -4.36{col 49}{space 3}0.000{col 57}{space 4}-242.3903{col 70}{space 3} -91.6819
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 44.76519{col 29}{space 2} 31.79459{col 40}{space 1}    1.41{col 49}{space 3}0.160{col 57}{space 4}-17.72334{col 70}{space 3} 107.2537
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 151.6438{col 29}{space 2} 41.69026{col 40}{space 1}    3.64{col 49}{space 3}0.000{col 57}{space 4} 69.70648{col 70}{space 3} 233.5811
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-21.15237{col 29}{space 2} 28.83651{col 40}{space 1}   -0.73{col 49}{space 3}0.464{col 57}{space 4}-77.82714{col 70}{space 3}  35.5224
{txt}{space 12}47  {c |}{col 17}{res}{space 2}-65.79975{col 29}{space 2} 40.12682{col 40}{space 1}   -1.64{col 49}{space 3}0.102{col 57}{space 4}-144.6643{col 70}{space 3}  13.0648
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 315.2698{col 29}{space 2}  54.4306{col 40}{space 1}    5.79{col 49}{space 3}0.000{col 57}{space 4} 208.2929{col 70}{space 3} 422.2468
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 299.4008{col 29}{space 2} 52.51512{col 40}{space 1}    5.70{col 49}{space 3}0.000{col 57}{space 4} 196.1886{col 70}{space 3} 402.6131
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-77.51742{col 29}{space 2} 41.22512{col 40}{space 1}   -1.88{col 49}{space 3}0.061{col 57}{space 4}-158.5405{col 70}{space 3} 3.505701
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2}-57.37863{col 29}{space 2} 46.60123{col 40}{space 1}   -1.23{col 49}{space 3}0.219{col 57}{space 4}-148.9679{col 70}{space 3} 34.21061
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 387.6027{col 29}{space 2} 50.48531{col 40}{space 1}    7.68{col 49}{space 3}0.000{col 57}{space 4} 288.3797{col 70}{space 3} 486.8256
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 240.6925{col 29}{space 2} 48.74446{col 40}{space 1}    4.94{col 49}{space 3}0.000{col 57}{space 4}  144.891{col 70}{space 3}  336.494
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}  508.873{col 29}{space 2} 48.99916{col 40}{space 1}   10.39{col 49}{space 3}0.000{col 57}{space 4} 412.5709{col 70}{space 3} 605.1751
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 496.0734{col 29}{space 2} 46.82117{col 40}{space 1}   10.60{col 49}{space 3}0.000{col 57}{space 4} 404.0519{col 70}{space 3} 588.0949
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 527.7029{col 29}{space 2} 45.80343{col 40}{space 1}   11.52{col 49}{space 3}0.000{col 57}{space 4} 437.6816{col 70}{space 3} 617.7241
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 541.2558{col 29}{space 2} 45.31261{col 40}{space 1}   11.94{col 49}{space 3}0.000{col 57}{space 4} 452.1992{col 70}{space 3} 630.3124
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 360.0832{col 29}{space 2} 45.19653{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 271.2547{col 70}{space 3} 448.9116
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 740.4671{col 29}{space 2} 45.18974{col 40}{space 1}   16.39{col 49}{space 3}0.000{col 57}{space 4} 651.6519{col 70}{space 3} 829.2822
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 690.5844{col 29}{space 2} 46.38171{col 40}{space 1}   14.89{col 49}{space 3}0.000{col 57}{space 4} 599.4266{col 70}{space 3} 781.7422
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 498.2159{col 29}{space 2} 48.16206{col 40}{space 1}   10.34{col 49}{space 3}0.000{col 57}{space 4} 403.5591{col 70}{space 3} 592.8728
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 530.7589{col 29}{space 2} 47.87824{col 40}{space 1}   11.09{col 49}{space 3}0.000{col 57}{space 4} 436.6599{col 70}{space 3}  624.858
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 718.9718{col 29}{space 2} 48.65334{col 40}{space 1}   14.78{col 49}{space 3}0.000{col 57}{space 4} 623.3494{col 70}{space 3} 814.5942
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 566.0692{col 29}{space 2} 51.38676{col 40}{space 1}   11.02{col 49}{space 3}0.000{col 57}{space 4} 465.0746{col 70}{space 3} 667.0638
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 696.9852{col 29}{space 2} 51.41229{col 40}{space 1}   13.56{col 49}{space 3}0.000{col 57}{space 4} 595.9404{col 70}{space 3}   798.03
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 770.5128{col 29}{space 2} 53.20057{col 40}{space 1}   14.48{col 49}{space 3}0.000{col 57}{space 4} 665.9534{col 70}{space 3} 875.0723
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 826.7212{col 29}{space 2} 56.00757{col 40}{space 1}   14.76{col 49}{space 3}0.000{col 57}{space 4} 716.6449{col 70}{space 3} 936.7975
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 949.6303{col 29}{space 2}  59.3145{col 40}{space 1}   16.01{col 49}{space 3}0.000{col 57}{space 4} 833.0546{col 70}{space 3} 1066.206
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 1062.577{col 29}{space 2} 65.22887{col 40}{space 1}   16.29{col 49}{space 3}0.000{col 57}{space 4} 934.3771{col 70}{space 3} 1190.776
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 1126.353{col 29}{space 2} 73.22069{col 40}{space 1}   15.38{col 49}{space 3}0.000{col 57}{space 4} 982.4459{col 70}{space 3} 1270.259
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 1137.586{col 29}{space 2}  81.0199{col 40}{space 1}   14.04{col 49}{space 3}0.000{col 57}{space 4} 978.3506{col 70}{space 3} 1296.821
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 1218.753{col 29}{space 2}  87.0023{col 40}{space 1}   14.01{col 49}{space 3}0.000{col 57}{space 4} 1047.761{col 70}{space 3} 1389.746
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 1228.453{col 29}{space 2} 95.86783{col 40}{space 1}   12.81{col 49}{space 3}0.000{col 57}{space 4} 1040.036{col 70}{space 3}  1416.87
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 1148.456{col 29}{space 2}  103.634{col 40}{space 1}   11.08{col 49}{space 3}0.000{col 57}{space 4} 944.7756{col 70}{space 3} 1352.136
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 1263.152{col 29}{space 2} 108.5253{col 40}{space 1}   11.64{col 49}{space 3}0.000{col 57}{space 4} 1049.859{col 70}{space 3} 1476.446
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 1601.136{col 29}{space 2} 115.6769{col 40}{space 1}   13.84{col 49}{space 3}0.000{col 57}{space 4} 1373.787{col 70}{space 3} 1828.486
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}  1639.89{col 29}{space 2}  129.803{col 40}{space 1}   12.63{col 49}{space 3}0.000{col 57}{space 4} 1384.777{col 70}{space 3} 1895.002
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 1135.653{col 29}{space 2} 142.4709{col 40}{space 1}    7.97{col 49}{space 3}0.000{col 57}{space 4} 855.6429{col 70}{space 3} 1415.662
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 1157.797{col 29}{space 2} 141.2134{col 40}{space 1}    8.20{col 49}{space 3}0.000{col 57}{space 4} 880.2582{col 70}{space 3} 1435.335
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 1650.357{col 29}{space 2} 140.1399{col 40}{space 1}   11.78{col 49}{space 3}0.000{col 57}{space 4} 1374.929{col 70}{space 3} 1925.786
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 1598.203{col 29}{space 2} 152.0608{col 40}{space 1}   10.51{col 49}{space 3}0.000{col 57}{space 4} 1299.345{col 70}{space 3} 1897.061
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 1781.682{col 29}{space 2} 160.1541{col 40}{space 1}   11.12{col 49}{space 3}0.000{col 57}{space 4} 1466.918{col 70}{space 3} 2096.447
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 1436.153{col 29}{space 2} 171.1523{col 40}{space 1}    8.39{col 49}{space 3}0.000{col 57}{space 4} 1099.774{col 70}{space 3} 1772.533
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}  1145.51{col 29}{space 2} 170.3414{col 40}{space 1}    6.72{col 49}{space 3}0.000{col 57}{space 4} 810.7236{col 70}{space 3} 1480.296
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 385.5334{col 29}{space 2} 129.8339{col 40}{space 1}    2.97{col 49}{space 3}0.003{col 57}{space 4} 130.3601{col 70}{space 3} 640.7068
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       490{col 27}-3409.109{col 38}-3011.918{col 49}    51{col 58} 6125.835{col 69}  6339.75
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43114280pc!=. & year <=1980 &  nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       490
{txt}maximum lag: {res}6{col 49}{txt}F( 50,       439){col 67}= {res}      3.16
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2256701{col 29}{space 2} .0365911{col 40}{space 1}   -6.17{col 49}{space 3}0.000{col 57}{space 4}-.2975855{col 70}{space 3}-.1537547
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .005515{col 29}{space 2}  .001299{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4}  .002962{col 70}{space 3} .0080679
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0043189{col 29}{space 2} .0030266{col 40}{space 1}    1.43{col 49}{space 3}0.154{col 57}{space 4}-.0016295{col 70}{space 3} .0102673
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.815278{col 29}{space 2} 1.097054{col 40}{space 1}    1.65{col 49}{space 3}0.099{col 57}{space 4}-.3408529{col 70}{space 3} 3.971409
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-2.959572{col 29}{space 2} 2.784747{col 40}{space 1}   -1.06{col 49}{space 3}0.288{col 57}{space 4}-8.432664{col 70}{space 3}  2.51352
{txt}{space 12}13  {c |}{col 17}{res}{space 2} -1.18645{col 29}{space 2} 1.052609{col 40}{space 1}   -1.13{col 49}{space 3}0.260{col 57}{space 4}-3.255229{col 70}{space 3} .8823283
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 9.066927{col 29}{space 2} 2.232757{col 40}{space 1}    4.06{col 49}{space 3}0.000{col 57}{space 4} 4.678704{col 70}{space 3} 13.45515
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.762199{col 29}{space 2} 1.122407{col 40}{space 1}   -2.46{col 49}{space 3}0.014{col 57}{space 4}-4.968158{col 70}{space 3}-.5562405
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 5.244531{col 29}{space 2} 1.488033{col 40}{space 1}    3.52{col 49}{space 3}0.000{col 57}{space 4} 2.319976{col 70}{space 3} 8.169086
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.589043{col 29}{space 2} 1.155319{col 40}{space 1}    1.38{col 49}{space 3}0.170{col 57}{space 4}-.6816014{col 70}{space 3} 3.859688
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9627891{col 29}{space 2} 1.429496{col 40}{space 1}    0.67{col 49}{space 3}0.501{col 57}{space 4}-1.846718{col 70}{space 3} 3.772296
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.849645{col 29}{space 2} .9432934{col 40}{space 1}    1.96{col 49}{space 3}0.051{col 57}{space 4}-.0042868{col 70}{space 3} 3.703578
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 9.784735{col 29}{space 2} 2.209854{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 5.441528{col 70}{space 3} 14.12794
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-7.223873{col 29}{space 2} 2.218596{col 40}{space 1}   -3.26{col 49}{space 3}0.001{col 57}{space 4}-11.58426{col 70}{space 3}-2.863483
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-3.723399{col 29}{space 2} 1.987356{col 40}{space 1}   -1.87{col 49}{space 3}0.062{col 57}{space 4}-7.629313{col 70}{space 3} .1825158
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 9.068412{col 29}{space 2} 2.372876{col 40}{space 1}    3.82{col 49}{space 3}0.000{col 57}{space 4} 4.404804{col 70}{space 3} 13.73202
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.613093{col 29}{space 2} 1.474299{col 40}{space 1}    1.77{col 49}{space 3}0.077{col 57}{space 4} -.284469{col 70}{space 3} 5.510655
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 1.757763{col 29}{space 2} 1.558727{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-1.305733{col 70}{space 3} 4.821259
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-.5118145{col 29}{space 2} 2.074572{col 40}{space 1}   -0.25{col 49}{space 3}0.805{col 57}{space 4}-4.589142{col 70}{space 3} 3.565513
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.9349973{col 29}{space 2} 2.149902{col 40}{space 1}   -0.43{col 49}{space 3}0.664{col 57}{space 4}-5.160376{col 70}{space 3} 3.290382
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.4054378{col 29}{space 2} 1.794453{col 40}{space 1}   -0.23{col 49}{space 3}0.821{col 57}{space 4}-3.932225{col 70}{space 3} 3.121349
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.9695578{col 29}{space 2}  1.84623{col 40}{space 1}   -0.53{col 49}{space 3}0.600{col 57}{space 4}-4.598106{col 70}{space 3}  2.65899
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.2597541{col 29}{space 2} 1.933852{col 40}{space 1}   -0.13{col 49}{space 3}0.893{col 57}{space 4}-4.060514{col 70}{space 3} 3.541005
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.425946{col 29}{space 2} 1.461673{col 40}{space 1}   -1.66{col 49}{space 3}0.098{col 57}{space 4}-5.298692{col 70}{space 3} .4467998
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-4.509849{col 29}{space 2} 2.550511{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4}-9.522579{col 70}{space 3} .5028803
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-5.007078{col 29}{space 2}  2.28242{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-9.492906{col 70}{space 3}-.5212504
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-2.795345{col 29}{space 2} 2.078689{col 40}{space 1}   -1.34{col 49}{space 3}0.179{col 57}{space 4}-6.880764{col 70}{space 3} 1.290074
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}  -4.4537{col 29}{space 2} 1.849242{col 40}{space 1}   -2.41{col 49}{space 3}0.016{col 57}{space 4}-8.088167{col 70}{space 3}-.8192323
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-10.66377{col 29}{space 2} 3.650241{col 40}{space 1}   -2.92{col 49}{space 3}0.004{col 57}{space 4}-17.83789{col 70}{space 3}-3.489653
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-7.724763{col 29}{space 2} 2.293415{col 40}{space 1}   -3.37{col 49}{space 3}0.001{col 57}{space 4} -12.2322{col 70}{space 3}-3.217325
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.047832{col 29}{space 2} 2.777042{col 40}{space 1}   -2.18{col 49}{space 3}0.030{col 57}{space 4}-11.50578{col 70}{space 3}-.5898828
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-7.889177{col 29}{space 2}   2.8697{col 40}{space 1}   -2.75{col 49}{space 3}0.006{col 57}{space 4}-13.52923{col 70}{space 3}-2.249119
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-6.113932{col 29}{space 2} 3.220372{col 40}{space 1}   -1.90{col 49}{space 3}0.058{col 57}{space 4} -12.4432{col 70}{space 3} .2153308
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.652612{col 29}{space 2} 3.787274{col 40}{space 1}   -2.02{col 49}{space 3}0.044{col 57}{space 4}-15.09605{col 70}{space 3}-.2091708
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-12.35118{col 29}{space 2}  4.18665{col 40}{space 1}   -2.95{col 49}{space 3}0.003{col 57}{space 4}-20.57955{col 70}{space 3} -4.12281
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-12.51715{col 29}{space 2} 4.231163{col 40}{space 1}   -2.96{col 49}{space 3}0.003{col 57}{space 4}  -20.833{col 70}{space 3}-4.201295
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} -3.49968{col 29}{space 2} 6.377075{col 40}{space 1}   -0.55{col 49}{space 3}0.583{col 57}{space 4}-16.03307{col 70}{space 3} 9.033712
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-13.45493{col 29}{space 2}    4.781{col 40}{space 1}   -2.81{col 49}{space 3}0.005{col 57}{space 4}-22.85142{col 70}{space 3}-4.058431
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.13526{col 29}{space 2} 5.740476{col 40}{space 1}   -2.46{col 49}{space 3}0.014{col 57}{space 4}-25.41749{col 70}{space 3} -2.85303
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}  -16.244{col 29}{space 2} 5.217867{col 40}{space 1}   -3.11{col 49}{space 3}0.002{col 57}{space 4}-26.49911{col 70}{space 3}-5.988899
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-20.51449{col 29}{space 2} 5.680903{col 40}{space 1}   -3.61{col 49}{space 3}0.000{col 57}{space 4}-31.67964{col 70}{space 3}-9.349343
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-22.17615{col 29}{space 2} 6.603802{col 40}{space 1}   -3.36{col 49}{space 3}0.001{col 57}{space 4}-35.15514{col 70}{space 3}-9.197152
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-18.26162{col 29}{space 2} 6.659963{col 40}{space 1}   -2.74{col 49}{space 3}0.006{col 57}{space 4}  -31.351{col 70}{space 3} -5.17225
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-23.47953{col 29}{space 2}  6.48769{col 40}{space 1}   -3.62{col 49}{space 3}0.000{col 57}{space 4}-36.23033{col 70}{space 3}-10.72874
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -32.0618{col 29}{space 2} 8.208844{col 40}{space 1}   -3.91{col 49}{space 3}0.000{col 57}{space 4}-48.19532{col 70}{space 3}-15.92828
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.49968{col 29}{space 2} 7.423778{col 40}{space 1}   -3.70{col 49}{space 3}0.000{col 57}{space 4}-42.09024{col 70}{space 3}-12.90912
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-30.08919{col 29}{space 2} 7.584156{col 40}{space 1}   -3.97{col 49}{space 3}0.000{col 57}{space 4}-44.99495{col 70}{space 3}-15.18342
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-30.65522{col 29}{space 2} 8.305162{col 40}{space 1}   -3.69{col 49}{space 3}0.000{col 57}{space 4}-46.97804{col 70}{space 3} -14.3324
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-26.96315{col 29}{space 2} 8.203194{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4}-43.08557{col 70}{space 3}-10.84074
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.55048{col 29}{space 2} 7.610334{col 40}{space 1}   -3.62{col 49}{space 3}0.000{col 57}{space 4}-42.50769{col 70}{space 3}-12.59326
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-22.78027{col 29}{space 2} 5.154682{col 40}{space 1}   -4.42{col 49}{space 3}0.000{col 57}{space 4}-32.91119{col 70}{space 3}-12.64934
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43114280pcols!=. & year <=1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       490
{txt}{hline 13}{c +}{hline 34}   F(50, 439)      = {res}     4.29
{txt}       Model {c |} {res} 7364.24312        50  147.284862   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 15076.5669       439  34.3429771   {txt}R-squared       ={res}    0.3282
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2516
{txt}       Total {c |} {res} 22440.8101       489  45.8912271   {txt}Root MSE        =   {res} 5.8603

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2256701{col 29}{space 2} .0296705{col 40}{space 1}   -7.61{col 49}{space 3}0.000{col 57}{space 4}-.2839839{col 70}{space 3}-.1673562
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .005515{col 29}{space 2} .0014688{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} .0026283{col 70}{space 3} .0084017
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0043189{col 29}{space 2} .0023327{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.0002658{col 70}{space 3} .0089036
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2} 1.815278{col 29}{space 2} 1.460733{col 40}{space 1}    1.24{col 49}{space 3}0.215{col 57}{space 4}-1.055622{col 70}{space 3} 4.686178
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-2.959572{col 29}{space 2} 2.846708{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-8.554441{col 70}{space 3} 2.635297
{txt}{space 12}13  {c |}{col 17}{res}{space 2} -1.18645{col 29}{space 2} 1.691816{col 40}{space 1}   -0.70{col 49}{space 3}0.483{col 57}{space 4}-4.511516{col 70}{space 3} 2.138616
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 9.066927{col 29}{space 2} 2.014153{col 40}{space 1}    4.50{col 49}{space 3}0.000{col 57}{space 4} 5.108345{col 70}{space 3} 13.02551
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-2.762199{col 29}{space 2} 1.610079{col 40}{space 1}   -1.72{col 49}{space 3}0.087{col 57}{space 4}-5.926619{col 70}{space 3} .4022207
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 5.244531{col 29}{space 2} 1.905095{col 40}{space 1}    2.75{col 49}{space 3}0.006{col 57}{space 4} 1.500291{col 70}{space 3} 8.988771
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.589043{col 29}{space 2} 1.561716{col 40}{space 1}    1.02{col 49}{space 3}0.309{col 57}{space 4}-1.480325{col 70}{space 3} 4.658411
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9627891{col 29}{space 2} 2.075668{col 40}{space 1}    0.46{col 49}{space 3}0.643{col 57}{space 4}-3.116691{col 70}{space 3}  5.04227
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 1.849645{col 29}{space 2} 1.413008{col 40}{space 1}    1.31{col 49}{space 3}0.191{col 57}{space 4}-.9274559{col 70}{space 3} 4.626747
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 9.784735{col 29}{space 2} 1.918879{col 40}{space 1}    5.10{col 49}{space 3}0.000{col 57}{space 4} 6.013404{col 70}{space 3} 13.55607
{txt}{space 12}48  {c |}{col 17}{res}{space 2}-7.223873{col 29}{space 2} 2.749336{col 40}{space 1}   -2.63{col 49}{space 3}0.009{col 57}{space 4}-12.62737{col 70}{space 3}-1.820376
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-3.723399{col 29}{space 2} 2.664482{col 40}{space 1}   -1.40{col 49}{space 3}0.163{col 57}{space 4}-8.960126{col 70}{space 3} 1.513329
{txt}{space 12}54  {c |}{col 17}{res}{space 2} 9.068412{col 29}{space 2} 1.984231{col 40}{space 1}    4.57{col 49}{space 3}0.000{col 57}{space 4} 5.168639{col 70}{space 3} 12.96819
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1947  {c |}{col 17}{res}{space 2} 2.613093{col 29}{space 2} 2.287089{col 40}{space 1}    1.14{col 49}{space 3}0.254{col 57}{space 4}-1.881912{col 70}{space 3} 7.108098
{txt}{space 10}1948  {c |}{col 17}{res}{space 2} 1.757763{col 29}{space 2}  2.63685{col 40}{space 1}    0.67{col 49}{space 3}0.505{col 57}{space 4}-3.424656{col 70}{space 3} 6.940182
{txt}{space 10}1949  {c |}{col 17}{res}{space 2}-.5118145{col 29}{space 2} 2.457101{col 40}{space 1}   -0.21{col 49}{space 3}0.835{col 57}{space 4}-5.340959{col 70}{space 3}  4.31733
{txt}{space 10}1950  {c |}{col 17}{res}{space 2}-.9349973{col 29}{space 2} 2.682961{col 40}{space 1}   -0.35{col 49}{space 3}0.728{col 57}{space 4}-6.208042{col 70}{space 3} 4.338047
{txt}{space 10}1951  {c |}{col 17}{res}{space 2}-.4054378{col 29}{space 2} 2.574282{col 40}{space 1}   -0.16{col 49}{space 3}0.875{col 57}{space 4}-5.464886{col 70}{space 3}  4.65401
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}-.9695578{col 29}{space 2} 2.564331{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-6.009448{col 70}{space 3} 4.070333
{txt}{space 10}1953  {c |}{col 17}{res}{space 2}-.2597541{col 29}{space 2} 2.559211{col 40}{space 1}   -0.10{col 49}{space 3}0.919{col 57}{space 4}-5.289583{col 70}{space 3} 4.770075
{txt}{space 10}1954  {c |}{col 17}{res}{space 2}-2.425946{col 29}{space 2} 2.369702{col 40}{space 1}   -1.02{col 49}{space 3}0.307{col 57}{space 4}-7.083316{col 70}{space 3} 2.231424
{txt}{space 10}1955  {c |}{col 17}{res}{space 2}-4.509849{col 29}{space 2} 2.806576{col 40}{space 1}   -1.61{col 49}{space 3}0.109{col 57}{space 4}-10.02585{col 70}{space 3} 1.006147
{txt}{space 10}1956  {c |}{col 17}{res}{space 2}-5.007078{col 29}{space 2} 2.781617{col 40}{space 1}   -1.80{col 49}{space 3}0.073{col 57}{space 4}-10.47402{col 70}{space 3} .4598633
{txt}{space 10}1957  {c |}{col 17}{res}{space 2}-2.795345{col 29}{space 2} 2.632072{col 40}{space 1}   -1.06{col 49}{space 3}0.289{col 57}{space 4}-7.968374{col 70}{space 3} 2.377684
{txt}{space 10}1958  {c |}{col 17}{res}{space 2}  -4.4537{col 29}{space 2} 2.649233{col 40}{space 1}   -1.68{col 49}{space 3}0.093{col 57}{space 4}-9.660456{col 70}{space 3} .7530559
{txt}{space 10}1959  {c |}{col 17}{res}{space 2}-10.66377{col 29}{space 2} 2.876568{col 40}{space 1}   -3.71{col 49}{space 3}0.000{col 57}{space 4}-16.31733{col 70}{space 3}-5.010217
{txt}{space 10}1960  {c |}{col 17}{res}{space 2}-7.724763{col 29}{space 2} 2.824632{col 40}{space 1}   -2.73{col 49}{space 3}0.006{col 57}{space 4}-13.27624{col 70}{space 3} -2.17328
{txt}{space 10}1961  {c |}{col 17}{res}{space 2}-6.047832{col 29}{space 2} 2.990699{col 40}{space 1}   -2.02{col 49}{space 3}0.044{col 57}{space 4} -11.9257{col 70}{space 3}-.1699647
{txt}{space 10}1962  {c |}{col 17}{res}{space 2}-7.889177{col 29}{space 2} 3.150864{col 40}{space 1}   -2.50{col 49}{space 3}0.013{col 57}{space 4}-14.08183{col 70}{space 3}-1.696524
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}-6.113932{col 29}{space 2} 3.348869{col 40}{space 1}   -1.83{col 49}{space 3}0.069{col 57}{space 4}-12.69574{col 70}{space 3} .4678755
{txt}{space 10}1964  {c |}{col 17}{res}{space 2}-7.652612{col 29}{space 2} 3.644464{col 40}{space 1}   -2.10{col 49}{space 3}0.036{col 57}{space 4}-14.81538{col 70}{space 3}-.4898462
{txt}{space 10}1965  {c |}{col 17}{res}{space 2}-12.35118{col 29}{space 2} 4.010951{col 40}{space 1}   -3.08{col 49}{space 3}0.002{col 57}{space 4}-20.23423{col 70}{space 3}-4.468127
{txt}{space 10}1966  {c |}{col 17}{res}{space 2}-12.51715{col 29}{space 2} 4.416752{col 40}{space 1}   -2.83{col 49}{space 3}0.005{col 57}{space 4}-21.19775{col 70}{space 3}-3.836542
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} -3.49968{col 29}{space 2} 4.782495{col 40}{space 1}   -0.73{col 49}{space 3}0.465{col 57}{space 4}-12.89911{col 70}{space 3} 5.899752
{txt}{space 10}1968  {c |}{col 17}{res}{space 2}-13.45493{col 29}{space 2} 5.094761{col 40}{space 1}   -2.64{col 49}{space 3}0.009{col 57}{space 4}-23.46808{col 70}{space 3}-3.441772
{txt}{space 10}1969  {c |}{col 17}{res}{space 2}-14.13526{col 29}{space 2} 5.472396{col 40}{space 1}   -2.58{col 49}{space 3}0.010{col 57}{space 4}-24.89061{col 70}{space 3} -3.37991
{txt}{space 10}1970  {c |}{col 17}{res}{space 2}  -16.244{col 29}{space 2} 5.699869{col 40}{space 1}   -2.85{col 49}{space 3}0.005{col 57}{space 4}-27.44643{col 70}{space 3} -5.04158
{txt}{space 10}1971  {c |}{col 17}{res}{space 2}-20.51449{col 29}{space 2} 6.012167{col 40}{space 1}   -3.41{col 49}{space 3}0.001{col 57}{space 4} -32.3307{col 70}{space 3}-8.698284
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}-22.17615{col 29}{space 2} 6.719654{col 40}{space 1}   -3.30{col 49}{space 3}0.001{col 57}{space 4}-35.38284{col 70}{space 3}-8.969459
{txt}{space 10}1973  {c |}{col 17}{res}{space 2}-18.26162{col 29}{space 2} 7.385896{col 40}{space 1}   -2.47{col 49}{space 3}0.014{col 57}{space 4}-32.77774{col 70}{space 3}-3.745514
{txt}{space 10}1974  {c |}{col 17}{res}{space 2}-23.47953{col 29}{space 2} 7.394865{col 40}{space 1}   -3.18{col 49}{space 3}0.002{col 57}{space 4}-38.01327{col 70}{space 3}-8.945795
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} -32.0618{col 29}{space 2} 7.281343{col 40}{space 1}   -4.40{col 49}{space 3}0.000{col 57}{space 4}-46.37242{col 70}{space 3}-17.75118
{txt}{space 10}1976  {c |}{col 17}{res}{space 2}-27.49968{col 29}{space 2} 7.777863{col 40}{space 1}   -3.54{col 49}{space 3}0.000{col 57}{space 4}-42.78616{col 70}{space 3}-12.21321
{txt}{space 10}1977  {c |}{col 17}{res}{space 2}-30.08919{col 29}{space 2} 8.222672{col 40}{space 1}   -3.66{col 49}{space 3}0.000{col 57}{space 4}-46.24988{col 70}{space 3}-13.92849
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}-30.65522{col 29}{space 2} 8.776003{col 40}{space 1}   -3.49{col 49}{space 3}0.001{col 57}{space 4}-47.90342{col 70}{space 3}-13.40702
{txt}{space 10}1979  {c |}{col 17}{res}{space 2}-26.96315{col 29}{space 2} 8.954199{col 40}{space 1}   -3.01{col 49}{space 3}0.003{col 57}{space 4}-44.56158{col 70}{space 3}-9.364727
{txt}{space 10}1980  {c |}{col 17}{res}{space 2}-27.55048{col 29}{space 2} 8.678893{col 40}{space 1}   -3.17{col 49}{space 3}0.002{col 57}{space 4}-44.60782{col 70}{space 3}-10.49313
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-22.78027{col 29}{space 2} 6.341582{col 40}{space 1}   -3.59{col 49}{space 3}0.000{col 57}{space 4} -35.2439{col 70}{space 3}-10.31663
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       490{col 27}-1632.216{col 38} -1534.77{col 49}    51{col 58} 3171.541{col 69} 3385.455
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force
{txt}
{com}. 
. *** 2.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   434) ={res}    2.63
{txt}{col 13}Prob > F ={res}    0.0233
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year <=1980 &  nonsouth==0, lag(6) force
{txt}
{com}. 
. *** 2.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   434) ={res}    2.40
{txt}{col 13}Prob > F ={res}    0.0366
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 3.A: SOUTHERN STATES (N = 14): 1981 - 2010 *** (5,4)
. 
. //if year >1980
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 52,       367){col 67}= {res}     31.33
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1627567{col 29}{space 2} .0282754{col 40}{space 1}   -5.76{col 49}{space 3}0.000{col 57}{space 4}-.2183587{col 70}{space 3}-.1071546
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9759551{col 29}{space 2}  .999632{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-.9897701{col 70}{space 3}  2.94168
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1915898{col 29}{space 2} .0997871{col 40}{space 1}    1.92{col 49}{space 3}0.056{col 57}{space 4}-.0046365{col 70}{space 3} .3878162
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.3262103{col 29}{space 2} 1.412324{col 40}{space 1}   -0.23{col 49}{space 3}0.817{col 57}{space 4}-3.103473{col 70}{space 3} 2.451052
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2868958{col 29}{space 2}   .09675{col 40}{space 1}    2.97{col 49}{space 3}0.003{col 57}{space 4}  .096642{col 70}{space 3} .4771497
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.277407{col 29}{space 2} 1.507513{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-5.241854{col 70}{space 3} .6870399
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0063768{col 29}{space 2} .0752733{col 40}{space 1}    0.08{col 49}{space 3}0.933{col 57}{space 4}-.1416444{col 70}{space 3}  .154398
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.926829{col 29}{space 2} 1.695346{col 40}{space 1}   -1.14{col 49}{space 3}0.256{col 57}{space 4}-5.260642{col 70}{space 3} 1.406983
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0487202{col 29}{space 2} .0658177{col 40}{space 1}    0.74{col 49}{space 3}0.460{col 57}{space 4} -.080707{col 70}{space 3} .1781474
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 1.599747{col 29}{space 2} 1.595951{col 40}{space 1}    1.00{col 49}{space 3}0.317{col 57}{space 4}-1.538608{col 70}{space 3} 4.738102
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-82.98627{col 29}{space 2} 28.85311{col 40}{space 1}   -2.88{col 49}{space 3}0.004{col 57}{space 4}-139.7244{col 70}{space 3}-26.24811
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 390.1822{col 29}{space 2} 77.78491{col 40}{space 1}    5.02{col 49}{space 3}0.000{col 57}{space 4} 237.2221{col 70}{space 3} 543.1422
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 233.8872{col 29}{space 2} 55.88101{col 40}{space 1}    4.19{col 49}{space 3}0.000{col 57}{space 4}      124{col 70}{space 3} 343.7743
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-54.76559{col 29}{space 2} 35.10573{col 40}{space 1}   -1.56{col 49}{space 3}0.120{col 57}{space 4}-123.7992{col 70}{space 3} 14.26804
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.19238{col 29}{space 2} 54.65808{col 40}{space 1}    0.88{col 49}{space 3}0.379{col 57}{space 4}-59.28994{col 70}{space 3} 155.6747
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-237.2916{col 29}{space 2} 45.44655{col 40}{space 1}   -5.22{col 49}{space 3}0.000{col 57}{space 4}-326.6599{col 70}{space 3}-147.9233
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 182.7636{col 29}{space 2} 42.47693{col 40}{space 1}    4.30{col 49}{space 3}0.000{col 57}{space 4} 99.23486{col 70}{space 3} 266.2923
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 52.71556{col 29}{space 2} 41.18707{col 40}{space 1}    1.28{col 49}{space 3}0.201{col 57}{space 4} -28.2767{col 70}{space 3} 133.7078
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-28.11167{col 29}{space 2} 33.09702{col 40}{space 1}   -0.85{col 49}{space 3}0.396{col 57}{space 4}-93.19528{col 70}{space 3} 36.97193
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 116.7718{col 29}{space 2} 44.26471{col 40}{space 1}    2.64{col 49}{space 3}0.009{col 57}{space 4} 29.72751{col 70}{space 3} 203.8161
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 256.1937{col 29}{space 2} 55.03805{col 40}{space 1}    4.65{col 49}{space 3}0.000{col 57}{space 4} 147.9642{col 70}{space 3} 364.4232
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 628.8844{col 29}{space 2} 102.8191{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 426.6959{col 70}{space 3} 831.0728
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2052{col 29}{space 2} 33.38774{col 40}{space 1}   -4.53{col 49}{space 3}0.000{col 57}{space 4}-216.8605{col 70}{space 3}-85.54992
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-149.2158{col 29}{space 2} 89.23605{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4} -324.694{col 70}{space 3} 26.26229
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-24.83381{col 29}{space 2}  116.445{col 40}{space 1}   -0.21{col 49}{space 3}0.831{col 57}{space 4}-253.8169{col 70}{space 3} 204.1493
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 368.1504{col 29}{space 2} 94.07823{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 183.1504{col 70}{space 3} 553.1504
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 13.58816{col 29}{space 2} 110.8439{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-204.3807{col 70}{space 3} 231.5571
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}   20.459{col 29}{space 2} 102.5074{col 40}{space 1}    0.20{col 49}{space 3}0.842{col 57}{space 4}-181.1165{col 70}{space 3} 222.0345
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 8.152564{col 29}{space 2} 95.99252{col 40}{space 1}    0.08{col 49}{space 3}0.932{col 57}{space 4}-180.6118{col 70}{space 3}  196.917
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 236.4273{col 29}{space 2} 90.76478{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} 57.94299{col 70}{space 3} 414.9116
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 237.1691{col 29}{space 2} 114.4439{col 40}{space 1}    2.07{col 49}{space 3}0.039{col 57}{space 4} 12.12099{col 70}{space 3} 462.2172
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.70997{col 29}{space 2} 110.4267{col 40}{space 1}   -0.20{col 49}{space 3}0.844{col 57}{space 4}-238.8584{col 70}{space 3} 195.4384
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-35.40762{col 29}{space 2} 96.85707{col 40}{space 1}   -0.37{col 49}{space 3}0.715{col 57}{space 4}-225.8721{col 70}{space 3} 155.0569
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 422.6801{col 29}{space 2} 95.14644{col 40}{space 1}    4.44{col 49}{space 3}0.000{col 57}{space 4} 235.5795{col 70}{space 3} 609.7807
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.7458{col 29}{space 2} 128.5553{col 40}{space 1}    1.47{col 49}{space 3}0.143{col 57}{space 4}-64.05154{col 70}{space 3} 441.5431
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 335.6242{col 29}{space 2} 109.2556{col 40}{space 1}    3.07{col 49}{space 3}0.002{col 57}{space 4} 120.7786{col 70}{space 3} 550.4697
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 332.7353{col 29}{space 2} 126.4502{col 40}{space 1}    2.63{col 49}{space 3}0.009{col 57}{space 4} 84.07736{col 70}{space 3} 581.3933
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 358.2939{col 29}{space 2} 115.6427{col 40}{space 1}    3.10{col 49}{space 3}0.002{col 57}{space 4} 130.8883{col 70}{space 3} 585.6994
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 495.5121{col 29}{space 2} 128.3076{col 40}{space 1}    3.86{col 49}{space 3}0.000{col 57}{space 4} 243.2018{col 70}{space 3} 747.8225
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 715.3402{col 29}{space 2} 135.5916{col 40}{space 1}    5.28{col 49}{space 3}0.000{col 57}{space 4} 448.7062{col 70}{space 3} 981.9742
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.7318{col 29}{space 2} 160.3077{col 40}{space 1}    2.46{col 49}{space 3}0.014{col 57}{space 4} 79.49479{col 70}{space 3} 709.9687
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 611.8853{col 29}{space 2} 140.3757{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 335.8437{col 70}{space 3} 887.9269
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 519.9043{col 29}{space 2} 172.9059{col 40}{space 1}    3.01{col 49}{space 3}0.003{col 57}{space 4} 179.8937{col 70}{space 3} 859.9149
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 333.1263{col 29}{space 2} 149.7882{col 40}{space 1}    2.22{col 49}{space 3}0.027{col 57}{space 4} 38.57553{col 70}{space 3} 627.6772
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}   537.61{col 29}{space 2}  146.063{col 40}{space 1}    3.68{col 49}{space 3}0.000{col 57}{space 4} 250.3846{col 70}{space 3} 824.8354
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 859.6493{col 29}{space 2} 168.8247{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 527.6641{col 70}{space 3} 1191.634
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 761.4947{col 29}{space 2}  186.817{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 394.1286{col 70}{space 3} 1128.861
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 941.9161{col 29}{space 2} 187.4018{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 573.4001{col 70}{space 3} 1310.432
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 822.6592{col 29}{space 2} 189.3145{col 40}{space 1}    4.35{col 49}{space 3}0.000{col 57}{space 4} 450.3819{col 70}{space 3} 1194.937
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 625.3659{col 29}{space 2} 227.5723{col 40}{space 1}    2.75{col 49}{space 3}0.006{col 57}{space 4} 177.8566{col 70}{space 3} 1072.875
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-32.42434{col 29}{space 2} 176.6065{col 40}{space 1}   -0.18{col 49}{space 3}0.854{col 57}{space 4}-379.7119{col 70}{space 3} 314.8633
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 900.3155{col 29}{space 2} 146.4598{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 612.3097{col 70}{space 3} 1188.321
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1765.524{col 29}{space 2} 261.4964{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4} 1251.304{col 70}{space 3} 2279.743
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 52,       367){col 67}= {res}      3.54
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1428304{col 29}{space 2} .0319123{col 40}{space 1}   -4.48{col 49}{space 3}0.000{col 57}{space 4}-.2055844{col 70}{space 3}-.0800764
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0007336{col 29}{space 2} .0006447{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-.0005341{col 70}{space 3} .0020013
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0284818{col 29}{space 2} .0450489{col 40}{space 1}    0.63{col 49}{space 3}0.528{col 57}{space 4}-.0601046{col 70}{space 3} .1170682
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003481{col 29}{space 2} .0015376{col 40}{space 1}   -0.23{col 49}{space 3}0.821{col 57}{space 4}-.0033716{col 70}{space 3} .0026755
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0530189{col 29}{space 2}  .073351{col 40}{space 1}    0.72{col 49}{space 3}0.470{col 57}{space 4} -.091222{col 70}{space 3} .1972599
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0027946{col 29}{space 2} .0019694{col 40}{space 1}    1.42{col 49}{space 3}0.157{col 57}{space 4} -.001078{col 70}{space 3} .0066673
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0363837{col 29}{space 2} .0401807{col 40}{space 1}    0.91{col 49}{space 3}0.366{col 57}{space 4}-.0426297{col 70}{space 3} .1153971
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0002219{col 29}{space 2} .0023567{col 40}{space 1}   -0.09{col 49}{space 3}0.925{col 57}{space 4}-.0048563{col 70}{space 3} .0044125
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0752572{col 29}{space 2} .0822518{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-.2370011{col 70}{space 3} .0864867
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0004928{col 29}{space 2} .0017963{col 40}{space 1}    0.27{col 49}{space 3}0.784{col 57}{space 4}-.0030395{col 70}{space 3} .0040251
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.584883{col 29}{space 2}  1.75314{col 40}{space 1}   -0.90{col 49}{space 3}0.367{col 57}{space 4}-5.032343{col 70}{space 3} 1.862578
{txt}{space 12}12  {c |}{col 17}{res}{space 2} -.575365{col 29}{space 2} 2.413435{col 40}{space 1}   -0.24{col 49}{space 3}0.812{col 57}{space 4}-5.321263{col 70}{space 3} 4.170533
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.2600463{col 29}{space 2} 1.359141{col 40}{space 1}   -0.19{col 49}{space 3}0.848{col 57}{space 4}-2.932728{col 70}{space 3} 2.412636
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.659746{col 29}{space 2} 1.075302{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} .5452202{col 70}{space 3} 4.774272
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1688368{col 29}{space 2} 1.259069{col 40}{space 1}   -0.13{col 49}{space 3}0.893{col 57}{space 4}-2.644732{col 70}{space 3} 2.307058
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.170369{col 29}{space 2} 1.596901{col 40}{space 1}    0.73{col 49}{space 3}0.464{col 57}{space 4}-1.969856{col 70}{space 3} 4.310593
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  1.23881{col 29}{space 2}   1.4045{col 40}{space 1}    0.88{col 49}{space 3}0.378{col 57}{space 4}-1.523067{col 70}{space 3} 4.000687
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .7126637{col 29}{space 2} 1.720752{col 40}{space 1}    0.41{col 49}{space 3}0.679{col 57}{space 4}-2.671108{col 70}{space 3} 4.096435
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.444881{col 29}{space 2} 1.054353{col 40}{space 1}    2.32{col 49}{space 3}0.021{col 57}{space 4} .3715492{col 70}{space 3} 4.518214
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.630802{col 29}{space 2} 1.705375{col 40}{space 1}    0.96{col 49}{space 3}0.340{col 57}{space 4}-1.722732{col 70}{space 3} 4.984335
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  1.04833{col 29}{space 2} 1.924784{col 40}{space 1}    0.54{col 49}{space 3}0.586{col 57}{space 4} -2.73666{col 70}{space 3} 4.833319
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.0707896{col 29}{space 2} 2.815736{col 40}{space 1}   -0.03{col 49}{space 3}0.980{col 57}{space 4} -5.60779{col 70}{space 3} 5.466211
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.145851{col 29}{space 2}  1.21348{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4}-4.532098{col 70}{space 3}  .240396
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-3.960352{col 29}{space 2} 2.571894{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4} -9.01785{col 70}{space 3} 1.097145
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -6.11909{col 29}{space 2} 3.357866{col 40}{space 1}   -1.82{col 49}{space 3}0.069{col 57}{space 4}-12.72216{col 70}{space 3} .4839819
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} -4.52389{col 29}{space 2} 2.287508{col 40}{space 1}   -1.98{col 49}{space 3}0.049{col 57}{space 4}-9.022158{col 70}{space 3}-.0256223
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.227732{col 29}{space 2} 3.388846{col 40}{space 1}    0.95{col 49}{space 3}0.341{col 57}{space 4}-3.436261{col 70}{space 3} 9.891725
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -4.29519{col 29}{space 2} 2.623034{col 40}{space 1}   -1.64{col 49}{space 3}0.102{col 57}{space 4}-9.453252{col 70}{space 3} .8628717
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.613421{col 29}{space 2}  2.86078{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-7.238999{col 70}{space 3} 4.012158
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.683475{col 29}{space 2} 2.373829{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-8.351488{col 70}{space 3} .9845385
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.059247{col 29}{space 2} 3.065289{col 40}{space 1}   -0.35{col 49}{space 3}0.730{col 57}{space 4}-7.086981{col 70}{space 3} 4.968486
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.296764{col 29}{space 2}  2.78708{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-8.777415{col 70}{space 3} 2.183887
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.208547{col 29}{space 2} 2.839489{col 40}{space 1}   -0.78{col 49}{space 3}0.437{col 57}{space 4}-7.792257{col 70}{space 3} 3.375163
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.6324614{col 29}{space 2} 3.037796{col 40}{space 1}   -0.21{col 49}{space 3}0.835{col 57}{space 4}-6.606132{col 70}{space 3} 5.341209
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .0934487{col 29}{space 2} 3.385559{col 40}{space 1}    0.03{col 49}{space 3}0.978{col 57}{space 4}-6.564081{col 70}{space 3} 6.750978
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.185079{col 29}{space 2}  3.02122{col 40}{space 1}   -0.39{col 49}{space 3}0.695{col 57}{space 4}-7.126154{col 70}{space 3} 4.755996
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.956241{col 29}{space 2} 4.101301{col 40}{space 1}    2.43{col 49}{space 3}0.016{col 57}{space 4} 1.891241{col 70}{space 3} 18.02124
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.589569{col 29}{space 2} 3.885238{col 40}{space 1}    0.41{col 49}{space 3}0.683{col 57}{space 4}-6.050552{col 70}{space 3} 9.229691
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.6081148{col 29}{space 2} 3.400476{col 40}{space 1}   -0.18{col 49}{space 3}0.858{col 57}{space 4}-7.294978{col 70}{space 3} 6.078749
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} -1.84267{col 29}{space 2} 3.463109{col 40}{space 1}   -0.53{col 49}{space 3}0.595{col 57}{space 4}-8.652697{col 70}{space 3} 4.967356
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-3.686074{col 29}{space 2} 4.087602{col 40}{space 1}   -0.90{col 49}{space 3}0.368{col 57}{space 4}-11.72413{col 70}{space 3} 4.351987
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.257357{col 29}{space 2} 3.665179{col 40}{space 1}   -0.34{col 49}{space 3}0.732{col 57}{space 4}-8.464744{col 70}{space 3} 5.950031
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.6667375{col 29}{space 2} 4.345693{col 40}{space 1}   -0.15{col 49}{space 3}0.878{col 57}{space 4} -9.21232{col 70}{space 3} 7.878845
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.130283{col 29}{space 2}  3.93111{col 40}{space 1}   -0.80{col 49}{space 3}0.426{col 57}{space 4}-10.86061{col 70}{space 3} 4.600044
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.011105{col 29}{space 2} 4.727698{col 40}{space 1}    0.21{col 49}{space 3}0.831{col 57}{space 4}-8.285672{col 70}{space 3} 10.30788
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.9359714{col 29}{space 2} 4.138373{col 40}{space 1}   -0.23{col 49}{space 3}0.821{col 57}{space 4} -9.07387{col 70}{space 3} 7.201927
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.070359{col 29}{space 2} 4.869164{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-10.64532{col 70}{space 3} 8.504603
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.162678{col 29}{space 2}  4.54563{col 40}{space 1}   -0.48{col 49}{space 3}0.635{col 57}{space 4}-11.10143{col 70}{space 3} 6.776071
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-2.887871{col 29}{space 2} 4.677463{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4}-12.08586{col 70}{space 3} 6.310121
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.502099{col 29}{space 2} 4.815531{col 40}{space 1}   -0.31{col 49}{space 3}0.755{col 57}{space 4} -10.9716{col 70}{space 3} 7.967397
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.014468{col 29}{space 2} 4.836756{col 40}{space 1}   -0.62{col 49}{space 3}0.534{col 57}{space 4} -12.5257{col 70}{space 3} 6.496765
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.533202{col 29}{space 2} 5.884322{col 40}{space 1}   -0.26{col 49}{space 3}0.795{col 57}{space 4}-13.10442{col 70}{space 3} 10.03802
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .8481088{col 29}{space 2} 6.576215{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-12.08368{col 70}{space 3}  13.7799
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. //inc
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(52, 367)      = {res}    14.00
{txt}       Model {c |} {res} 24098863.1        52  463439.675   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 12149385.6       367  33104.5928   {txt}R-squared       ={res}    0.6648
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6173
{txt}       Total {c |} {res} 36248248.6       419  86511.3333   {txt}Root MSE        =   {res} 181.95

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1627567{col 29}{space 2} .0234441{col 40}{space 1}   -6.94{col 49}{space 3}0.000{col 57}{space 4}-.2088582{col 70}{space 3}-.1166551
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9759551{col 29}{space 2} 1.002463{col 40}{space 1}    0.97{col 49}{space 3}0.331{col 57}{space 4}-.9953363{col 70}{space 3} 2.947246
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1915898{col 29}{space 2} .0490596{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} .0951167{col 70}{space 3}  .288063
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.3262103{col 29}{space 2} 1.589761{col 40}{space 1}   -0.21{col 49}{space 3}0.838{col 57}{space 4}-3.452395{col 70}{space 3} 2.799974
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2868958{col 29}{space 2}  .056067{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} .1766429{col 70}{space 3} .3971487
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.277407{col 29}{space 2} 1.749876{col 40}{space 1}   -1.30{col 49}{space 3}0.194{col 57}{space 4}-5.718448{col 70}{space 3} 1.163634
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0063768{col 29}{space 2} .0627722{col 40}{space 1}    0.10{col 49}{space 3}0.919{col 57}{space 4}-.1170616{col 70}{space 3} .1298152
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.926829{col 29}{space 2} 1.727569{col 40}{space 1}   -1.12{col 49}{space 3}0.265{col 57}{space 4}-5.324007{col 70}{space 3} 1.470348
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0487202{col 29}{space 2} .0616903{col 40}{space 1}    0.79{col 49}{space 3}0.430{col 57}{space 4}-.0725907{col 70}{space 3} .1700311
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 1.599747{col 29}{space 2} 1.732014{col 40}{space 1}    0.92{col 49}{space 3}0.356{col 57}{space 4} -1.80617{col 70}{space 3} 5.005664
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-82.98627{col 29}{space 2}  50.9585{col 40}{space 1}   -1.63{col 49}{space 3}0.104{col 57}{space 4}-183.1936{col 70}{space 3} 17.22101
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 390.1822{col 29}{space 2} 78.59075{col 40}{space 1}    4.96{col 49}{space 3}0.000{col 57}{space 4} 235.6375{col 70}{space 3} 544.7269
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 233.8872{col 29}{space 2} 58.65423{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4} 118.5466{col 70}{space 3} 349.2277
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-54.76559{col 29}{space 2} 52.66584{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-158.3303{col 70}{space 3}  48.7991
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.19238{col 29}{space 2} 47.52397{col 40}{space 1}    1.01{col 49}{space 3}0.311{col 57}{space 4}-45.26108{col 70}{space 3} 141.6458
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-237.2916{col 29}{space 2} 57.79142{col 40}{space 1}   -4.11{col 49}{space 3}0.000{col 57}{space 4}-350.9355{col 70}{space 3}-123.6477
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 182.7636{col 29}{space 2} 56.09542{col 40}{space 1}    3.26{col 49}{space 3}0.001{col 57}{space 4}  72.4548{col 70}{space 3} 293.0724
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 52.71556{col 29}{space 2} 52.84892{col 40}{space 1}    1.00{col 49}{space 3}0.319{col 57}{space 4}-51.20914{col 70}{space 3} 156.6403
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-28.11167{col 29}{space 2} 51.00266{col 40}{space 1}   -0.55{col 49}{space 3}0.582{col 57}{space 4}-128.4058{col 70}{space 3} 72.18246
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 116.7718{col 29}{space 2} 60.41849{col 40}{space 1}    1.93{col 49}{space 3}0.054{col 57}{space 4} -2.03807{col 70}{space 3} 235.5817
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 256.1937{col 29}{space 2} 65.30474{col 40}{space 1}    3.92{col 49}{space 3}0.000{col 57}{space 4} 127.7752{col 70}{space 3} 384.6121
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 628.8844{col 29}{space 2} 98.23783{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 435.7047{col 70}{space 3} 822.0641
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2052{col 29}{space 2} 50.74283{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-250.9884{col 70}{space 3}-51.42203
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-149.2158{col 29}{space 2} 81.30203{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-309.0921{col 70}{space 3} 10.66045
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-24.83381{col 29}{space 2} 85.57158{col 40}{space 1}   -0.29{col 49}{space 3}0.772{col 57}{space 4} -193.106{col 70}{space 3} 143.4383
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 368.1504{col 29}{space 2} 82.51644{col 40}{space 1}    4.46{col 49}{space 3}0.000{col 57}{space 4}  205.886{col 70}{space 3} 530.4148
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 13.58816{col 29}{space 2} 89.16121{col 40}{space 1}    0.15{col 49}{space 3}0.879{col 57}{space 4}-161.7428{col 70}{space 3} 188.9191
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}   20.459{col 29}{space 2} 87.65783{col 40}{space 1}    0.23{col 49}{space 3}0.816{col 57}{space 4}-151.9157{col 70}{space 3} 192.8337
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 8.152564{col 29}{space 2} 79.03466{col 40}{space 1}    0.10{col 49}{space 3}0.918{col 57}{space 4}-147.2651{col 70}{space 3} 163.5702
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 236.4273{col 29}{space 2} 83.75092{col 40}{space 1}    2.82{col 49}{space 3}0.005{col 57}{space 4} 71.73537{col 70}{space 3} 401.1192
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 237.1691{col 29}{space 2} 87.35341{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 65.39308{col 70}{space 3} 408.9451
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.70997{col 29}{space 2} 93.40767{col 40}{space 1}   -0.23{col 49}{space 3}0.816{col 57}{space 4}-205.3914{col 70}{space 3} 161.9715
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-35.40762{col 29}{space 2} 88.19462{col 40}{space 1}   -0.40{col 49}{space 3}0.688{col 57}{space 4}-208.8378{col 70}{space 3} 138.0226
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 422.6801{col 29}{space 2} 86.29097{col 40}{space 1}    4.90{col 49}{space 3}0.000{col 57}{space 4} 252.9933{col 70}{space 3} 592.3669
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.7458{col 29}{space 2} 99.75805{col 40}{space 1}    1.89{col 49}{space 3}0.059{col 57}{space 4}-7.423304{col 70}{space 3} 384.9149
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 335.6242{col 29}{space 2} 103.7193{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 131.6655{col 70}{space 3} 539.5828
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 332.7353{col 29}{space 2} 103.4813{col 40}{space 1}    3.22{col 49}{space 3}0.001{col 57}{space 4} 129.2446{col 70}{space 3}  536.226
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 358.2939{col 29}{space 2} 107.4189{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} 147.0601{col 70}{space 3} 569.5277
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 495.5121{col 29}{space 2} 109.1836{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 280.8081{col 70}{space 3} 710.2162
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 715.3402{col 29}{space 2} 115.3917{col 40}{space 1}    6.20{col 49}{space 3}0.000{col 57}{space 4} 488.4282{col 70}{space 3} 942.2521
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.7318{col 29}{space 2} 125.1118{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} 148.7058{col 70}{space 3} 640.7577
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 611.8853{col 29}{space 2} 124.4899{col 40}{space 1}    4.92{col 49}{space 3}0.000{col 57}{space 4} 367.0822{col 70}{space 3} 856.6883
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 519.9043{col 29}{space 2} 127.7067{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 268.7756{col 70}{space 3} 771.0329
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 333.1263{col 29}{space 2} 133.0516{col 40}{space 1}    2.50{col 49}{space 3}0.013{col 57}{space 4} 71.48717{col 70}{space 3} 594.7655
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}   537.61{col 29}{space 2} 131.9685{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 278.1006{col 70}{space 3} 797.1194
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 859.6493{col 29}{space 2} 136.5501{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 591.1305{col 70}{space 3} 1128.168
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 761.4947{col 29}{space 2} 149.7181{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 467.0817{col 70}{space 3} 1055.908
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 941.9161{col 29}{space 2} 154.6561{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 637.7929{col 70}{space 3} 1246.039
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 822.6592{col 29}{space 2}  157.722{col 40}{space 1}    5.22{col 49}{space 3}0.000{col 57}{space 4}  512.507{col 70}{space 3} 1132.812
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 625.3659{col 29}{space 2} 159.8184{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 311.0911{col 70}{space 3} 939.6407
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-32.42434{col 29}{space 2} 159.4746{col 40}{space 1}   -0.20{col 49}{space 3}0.839{col 57}{space 4}-346.0229{col 70}{space 3} 281.1742
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 900.3155{col 29}{space 2} 151.1139{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 603.1577{col 70}{space 3} 1197.473
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1765.524{col 29}{space 2} 224.0844{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 1324.873{col 70}{space 3} 2206.174
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27} -2982.74{col 38}-2753.186{col 49}    53{col 58} 5612.373{col 69} 5826.506
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year>1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(52, 367)      = {res}     3.01
{txt}       Model {c |} {res} 5552.24335        52  106.773911   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 13038.1077       367  35.5261791   {txt}R-squared       ={res}    0.2987
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1993
{txt}       Total {c |} {res} 18590.3511       419  44.3683797   {txt}Root MSE        =   {res} 5.9604

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1428304{col 29}{space 2} .0327698{col 40}{space 1}   -4.36{col 49}{space 3}0.000{col 57}{space 4}-.2072705{col 70}{space 3}-.0783902
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0007336{col 29}{space 2} .0007868{col 40}{space 1}    0.93{col 49}{space 3}0.352{col 57}{space 4}-.0008135{col 70}{space 3} .0022808
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0284818{col 29}{space 2} .0576995{col 40}{space 1}    0.49{col 49}{space 3}0.622{col 57}{space 4}-.0849813{col 70}{space 3} .1419449
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003481{col 29}{space 2} .0017086{col 40}{space 1}   -0.20{col 49}{space 3}0.839{col 57}{space 4}-.0037079{col 70}{space 3} .0030117
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0530189{col 29}{space 2}  .056873{col 40}{space 1}    0.93{col 49}{space 3}0.352{col 57}{space 4}-.0588188{col 70}{space 3} .1648567
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0027946{col 29}{space 2} .0016238{col 40}{space 1}    1.72{col 49}{space 3}0.086{col 57}{space 4}-.0003985{col 70}{space 3} .0059878
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0363837{col 29}{space 2} .0572015{col 40}{space 1}    0.64{col 49}{space 3}0.525{col 57}{space 4}-.0761001{col 70}{space 3} .1488675
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0002219{col 29}{space 2} .0018984{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-.0039549{col 70}{space 3} .0035112
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0752572{col 29}{space 2} .0560119{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-.1854017{col 70}{space 3} .0348872
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0004928{col 29}{space 2} .0020108{col 40}{space 1}    0.25{col 49}{space 3}0.807{col 57}{space 4}-.0034613{col 70}{space 3}  .004447
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.584883{col 29}{space 2} 1.672147{col 40}{space 1}   -0.95{col 49}{space 3}0.344{col 57}{space 4}-4.873074{col 70}{space 3} 1.703309
{txt}{space 12}12  {c |}{col 17}{res}{space 2} -.575365{col 29}{space 2} 2.631162{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-5.749411{col 70}{space 3} 4.598681
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.2600463{col 29}{space 2} 1.943241{col 40}{space 1}   -0.13{col 49}{space 3}0.894{col 57}{space 4}-4.081331{col 70}{space 3} 3.561238
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.659746{col 29}{space 2} 1.735122{col 40}{space 1}    1.53{col 49}{space 3}0.126{col 57}{space 4}-.7522829{col 70}{space 3} 6.071775
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1688368{col 29}{space 2} 1.558837{col 40}{space 1}   -0.11{col 49}{space 3}0.914{col 57}{space 4} -3.23421{col 70}{space 3} 2.896536
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.170369{col 29}{space 2} 1.914342{col 40}{space 1}    0.61{col 49}{space 3}0.541{col 57}{space 4}-2.594087{col 70}{space 3} 4.934825
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  1.23881{col 29}{space 2} 1.853494{col 40}{space 1}    0.67{col 49}{space 3}0.504{col 57}{space 4}-2.405991{col 70}{space 3} 4.883611
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .7126637{col 29}{space 2} 1.736975{col 40}{space 1}    0.41{col 49}{space 3}0.682{col 57}{space 4}-2.703009{col 70}{space 3} 4.128336
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.444881{col 29}{space 2} 1.673511{col 40}{space 1}    1.46{col 49}{space 3}0.145{col 57}{space 4}-.8459922{col 70}{space 3} 5.735755
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.630802{col 29}{space 2} 2.012348{col 40}{space 1}    0.81{col 49}{space 3}0.418{col 57}{space 4}-2.326378{col 70}{space 3} 5.587981
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  1.04833{col 29}{space 2} 2.159071{col 40}{space 1}    0.49{col 49}{space 3}0.628{col 57}{space 4}-3.197373{col 70}{space 3} 5.294032
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.0707896{col 29}{space 2} 3.334014{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4}-6.626958{col 70}{space 3} 6.485379
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.145851{col 29}{space 2} 1.678528{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4} -5.44659{col 70}{space 3} 1.154888
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-3.960352{col 29}{space 2} 2.609629{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4}-9.092055{col 70}{space 3}  1.17135
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -6.11909{col 29}{space 2} 2.786452{col 40}{space 1}   -2.20{col 49}{space 3}0.029{col 57}{space 4}-11.59851{col 70}{space 3}-.6396732
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} -4.52389{col 29}{space 2} 2.572148{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-9.581887{col 70}{space 3} .5341064
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.227732{col 29}{space 2} 2.922733{col 40}{space 1}    1.10{col 49}{space 3}0.270{col 57}{space 4}-2.519673{col 70}{space 3} 8.975138
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -4.29519{col 29}{space 2} 2.789589{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4}-9.780776{col 70}{space 3} 1.190395
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.613421{col 29}{space 2}  2.55168{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4} -6.63117{col 70}{space 3} 3.404328
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.683475{col 29}{space 2} 2.741288{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-9.074078{col 70}{space 3} 1.707129
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.059247{col 29}{space 2} 2.918595{col 40}{space 1}   -0.36{col 49}{space 3}0.717{col 57}{space 4}-6.798516{col 70}{space 3} 4.680021
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.296764{col 29}{space 2}  3.04121{col 40}{space 1}   -1.08{col 49}{space 3}0.279{col 57}{space 4}-9.277148{col 70}{space 3}  2.68362
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.208547{col 29}{space 2}  2.81257{col 40}{space 1}   -0.79{col 49}{space 3}0.433{col 57}{space 4}-7.739322{col 70}{space 3} 3.322227
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.6324614{col 29}{space 2} 2.911046{col 40}{space 1}   -0.22{col 49}{space 3}0.828{col 57}{space 4}-6.356884{col 70}{space 3} 5.091962
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .0934487{col 29}{space 2}  3.27967{col 40}{space 1}    0.03{col 49}{space 3}0.977{col 57}{space 4}-6.355855{col 70}{space 3} 6.542752
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.185079{col 29}{space 2} 3.357629{col 40}{space 1}   -0.35{col 49}{space 3}0.724{col 57}{space 4}-7.787684{col 70}{space 3} 5.417527
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.956241{col 29}{space 2} 3.201851{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 3.659965{col 70}{space 3} 16.25252
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.589569{col 29}{space 2} 3.561575{col 40}{space 1}    0.45{col 49}{space 3}0.656{col 57}{space 4}-5.414087{col 70}{space 3} 8.593225
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.6081148{col 29}{space 2} 3.563153{col 40}{space 1}   -0.17{col 49}{space 3}0.865{col 57}{space 4}-7.614873{col 70}{space 3} 6.398643
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} -1.84267{col 29}{space 2} 3.935393{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-9.581419{col 70}{space 3} 5.896078
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-3.686074{col 29}{space 2} 4.121458{col 40}{space 1}   -0.89{col 49}{space 3}0.372{col 57}{space 4}-11.79071{col 70}{space 3} 4.418563
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.257357{col 29}{space 2} 4.125504{col 40}{space 1}   -0.30{col 49}{space 3}0.761{col 57}{space 4}-9.369949{col 70}{space 3} 6.855236
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.6667375{col 29}{space 2} 4.205487{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}-8.936613{col 70}{space 3} 7.603138
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.130283{col 29}{space 2} 4.389551{col 40}{space 1}   -0.71{col 49}{space 3}0.476{col 57}{space 4}-11.76211{col 70}{space 3} 5.501546
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.011105{col 29}{space 2} 4.297353{col 40}{space 1}    0.24{col 49}{space 3}0.814{col 57}{space 4}-7.439419{col 70}{space 3}  9.46163
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.9359714{col 29}{space 2} 4.677093{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-10.13324{col 70}{space 3} 8.261293
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.070359{col 29}{space 2} 4.986673{col 40}{space 1}   -0.21{col 49}{space 3}0.830{col 57}{space 4} -10.8764{col 70}{space 3} 8.735679
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.162678{col 29}{space 2} 5.101168{col 40}{space 1}   -0.42{col 49}{space 3}0.672{col 57}{space 4}-12.19386{col 70}{space 3} 7.868508
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-2.887871{col 29}{space 2} 5.149295{col 40}{space 1}   -0.56{col 49}{space 3}0.575{col 57}{space 4} -13.0137{col 70}{space 3} 7.237955
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.502099{col 29}{space 2} 5.257108{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-11.83993{col 70}{space 3} 8.835736
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.014468{col 29}{space 2} 5.078934{col 40}{space 1}   -0.59{col 49}{space 3}0.553{col 57}{space 4}-13.00193{col 70}{space 3} 6.972996
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.533202{col 29}{space 2} 5.124799{col 40}{space 1}   -0.30{col 49}{space 3}0.765{col 57}{space 4}-11.61086{col 70}{space 3} 8.544454
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .8481088{col 29}{space 2} 7.738975{col 40}{space 1}    0.11{col 49}{space 3}0.913{col 57}{space 4}-14.37019{col 70}{space 3} 16.06641
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27}-1391.884{col 38}-1317.383{col 49}    53{col 58} 2740.767{col 69}   2954.9
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. *** 3.B: SOUTHERN STATES (N = 14): FULL TIME PERIOD *** ARDL (4,3)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 50,       369){col 67}= {res}     31.39
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.159476{col 29}{space 2} .0269314{col 40}{space 1}   -5.92{col 49}{space 3}0.000{col 57}{space 4}-.2124343{col 70}{space 3}-.1065176
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.190507{col 29}{space 2}  .957032{col 40}{space 1}    1.24{col 49}{space 3}0.214{col 57}{space 4}-.6914134{col 70}{space 3} 3.072428
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1850257{col 29}{space 2} .0999486{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.0115146{col 70}{space 3}  .381566
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.2387595{col 29}{space 2} 1.445788{col 40}{space 1}   -0.17{col 49}{space 3}0.869{col 57}{space 4}-3.081778{col 70}{space 3} 2.604259
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2886415{col 29}{space 2}  .098352{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} .0952409{col 70}{space 3} .4820422
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.408253{col 29}{space 2} 1.460907{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}   -5.281{col 70}{space 3} .4644938
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0219886{col 29}{space 2} .0678612{col 40}{space 1}    0.32{col 49}{space 3}0.746{col 57}{space 4}-.1114546{col 70}{space 3} .1554317
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.03739{col 29}{space 2} 1.689856{col 40}{space 1}   -1.21{col 49}{space 3}0.229{col 57}{space 4}-5.360345{col 70}{space 3} 1.285565
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-79.69069{col 29}{space 2} 28.59231{col 40}{space 1}   -2.79{col 49}{space 3}0.006{col 57}{space 4} -135.915{col 70}{space 3}-23.46637
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 374.9277{col 29}{space 2} 74.58455{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 228.2636{col 70}{space 3} 521.5917
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 227.1736{col 29}{space 2} 56.97105{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4}  115.145{col 70}{space 3} 339.2023
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-61.25864{col 29}{space 2}  34.4784{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-129.0574{col 70}{space 3} 6.540151
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.92456{col 29}{space 2} 54.71758{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-58.67283{col 70}{space 3}  156.522
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-232.1721{col 29}{space 2} 44.49382{col 40}{space 1}   -5.22{col 49}{space 3}0.000{col 57}{space 4}-319.6654{col 70}{space 3}-144.6789
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 175.4963{col 29}{space 2} 42.53353{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 91.85775{col 70}{space 3} 259.1348
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 44.86474{col 29}{space 2} 42.35714{col 40}{space 1}    1.06{col 49}{space 3}0.290{col 57}{space 4}-38.42691{col 70}{space 3} 128.1564
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-32.55324{col 29}{space 2} 34.29585{col 40}{space 1}   -0.95{col 49}{space 3}0.343{col 57}{space 4}-99.99307{col 70}{space 3} 34.88659
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 104.9811{col 29}{space 2} 41.98554{col 40}{space 1}    2.50{col 49}{space 3}0.013{col 57}{space 4}  22.4202{col 70}{space 3} 187.5421
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 244.6053{col 29}{space 2} 53.65086{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4} 139.1056{col 70}{space 3} 350.1051
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 612.6886{col 29}{space 2} 98.59624{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 418.8076{col 70}{space 3} 806.5696
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2922{col 29}{space 2} 32.33533{col 40}{space 1}   -4.68{col 49}{space 3}0.000{col 57}{space 4}-214.8769{col 70}{space 3} -87.7076
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-127.5451{col 29}{space 2} 87.43458{col 40}{space 1}   -1.46{col 49}{space 3}0.145{col 57}{space 4}-299.4776{col 70}{space 3}  44.3875
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-25.24554{col 29}{space 2} 115.1749{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-251.7271{col 70}{space 3}  201.236
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 351.3017{col 29}{space 2} 88.58961{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 177.0978{col 70}{space 3} 525.5055
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 14.80993{col 29}{space 2} 109.5988{col 40}{space 1}    0.14{col 49}{space 3}0.893{col 57}{space 4}-200.7066{col 70}{space 3} 230.3264
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.405672{col 29}{space 2} 101.4447{col 40}{space 1}    0.02{col 49}{space 3}0.981{col 57}{space 4}-197.0766{col 70}{space 3} 201.8879
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-2.078829{col 29}{space 2} 95.97404{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4}-190.8035{col 70}{space 3} 186.6458
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 260.1807{col 29}{space 2} 87.55943{col 40}{space 1}    2.97{col 49}{space 3}0.003{col 57}{space 4} 88.00264{col 70}{space 3} 432.3588
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 232.1882{col 29}{space 2} 113.3308{col 40}{space 1}    2.05{col 49}{space 3}0.041{col 57}{space 4} 9.333033{col 70}{space 3} 455.0433
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.92249{col 29}{space 2} 109.5315{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-237.3067{col 70}{space 3} 193.4617
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-52.18415{col 29}{space 2} 94.47723{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-237.9655{col 70}{space 3} 133.5972
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 421.7332{col 29}{space 2} 95.48052{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4}  233.979{col 70}{space 3} 609.4874
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}   185.99{col 29}{space 2} 128.5637{col 40}{space 1}    1.45{col 49}{space 3}0.149{col 57}{space 4}-66.81937{col 70}{space 3} 438.7993
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 319.8589{col 29}{space 2} 108.4113{col 40}{space 1}    2.95{col 49}{space 3}0.003{col 57}{space 4} 106.6775{col 70}{space 3} 533.0404
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 307.3559{col 29}{space 2} 122.5826{col 40}{space 1}    2.51{col 49}{space 3}0.013{col 57}{space 4} 66.30776{col 70}{space 3} 548.4041
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 356.6253{col 29}{space 2} 115.9739{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4} 128.5726{col 70}{space 3}  584.678
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 474.2467{col 29}{space 2} 125.9122{col 40}{space 1}    3.77{col 49}{space 3}0.000{col 57}{space 4} 226.6511{col 70}{space 3} 721.8422
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.5743{col 29}{space 2} 134.9069{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 456.2916{col 70}{space 3} 986.8569
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 379.1904{col 29}{space 2} 157.9986{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 68.49978{col 70}{space 3} 689.8809
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 590.5904{col 29}{space 2} 138.8523{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 317.5494{col 70}{space 3} 863.6314
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 497.0812{col 29}{space 2} 168.0353{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 166.6544{col 70}{space 3} 827.5081
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 322.9015{col 29}{space 2} 148.4203{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} 31.04578{col 70}{space 3} 614.7573
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 509.7446{col 29}{space 2} 142.8947{col 40}{space 1}    3.57{col 49}{space 3}0.000{col 57}{space 4} 228.7544{col 70}{space 3} 790.7347
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 847.8396{col 29}{space 2} 168.9851{col 40}{space 1}    5.02{col 49}{space 3}0.000{col 57}{space 4}  515.545{col 70}{space 3} 1180.134
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 737.4956{col 29}{space 2} 183.9565{col 40}{space 1}    4.01{col 49}{space 3}0.000{col 57}{space 4}  375.761{col 70}{space 3}  1099.23
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 910.8451{col 29}{space 2} 176.8528{col 40}{space 1}    5.15{col 49}{space 3}0.000{col 57}{space 4} 563.0794{col 70}{space 3} 1258.611
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 787.9674{col 29}{space 2} 180.5572{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 432.9173{col 70}{space 3} 1143.018
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 604.2361{col 29}{space 2} 226.2848{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 159.2667{col 70}{space 3} 1049.206
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-64.31444{col 29}{space 2} 171.3434{col 40}{space 1}   -0.38{col 49}{space 3}0.708{col 57}{space 4}-401.2464{col 70}{space 3} 272.6175
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 878.8336{col 29}{space 2} 143.8383{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4} 595.9879{col 70}{space 3} 1161.679
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1736.714{col 29}{space 2} 250.4582{col 40}{space 1}    6.93{col 49}{space 3}0.000{col 57}{space 4} 1244.209{col 70}{space 3} 2229.218
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 50,       369){col 67}= {res}      3.52
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1540747{col 29}{space 2} .0320933{col 40}{space 1}   -4.80{col 49}{space 3}0.000{col 57}{space 4}-.2171835{col 70}{space 3} -.090966
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008531{col 29}{space 2} .0006462{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.0004177{col 70}{space 3} .0021238
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0376483{col 29}{space 2} .0441331{col 40}{space 1}    0.85{col 49}{space 3}0.394{col 57}{space 4}-.0491358{col 70}{space 3} .1244323
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003191{col 29}{space 2} .0015387{col 40}{space 1}   -0.21{col 49}{space 3}0.836{col 57}{space 4}-.0033447{col 70}{space 3} .0027066
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0631538{col 29}{space 2}  .070672{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-.0758165{col 70}{space 3} .2021241
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0026923{col 29}{space 2} .0019686{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-.0011788{col 70}{space 3} .0065635
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0474311{col 29}{space 2} .0400883{col 40}{space 1}    1.18{col 49}{space 3}0.238{col 57}{space 4}-.0313991{col 70}{space 3} .1262614
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0000896{col 29}{space 2} .0022873{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-.0045874{col 70}{space 3} .0044083
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.619338{col 29}{space 2} 1.783128{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-5.125705{col 70}{space 3} 1.887029
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-.3925599{col 29}{space 2} 2.465394{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}-5.240545{col 70}{space 3} 4.455425
{txt}{space 12}13  {c |}{col 17}{res}{space 2} -.296784{col 29}{space 2} 1.346142{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-2.943855{col 70}{space 3} 2.350287
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.973798{col 29}{space 2} 1.068691{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} .8723099{col 70}{space 3} 5.075287
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2284034{col 29}{space 2}  1.25843{col 40}{space 1}   -0.18{col 49}{space 3}0.856{col 57}{space 4}-2.702998{col 70}{space 3} 2.246191
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.290575{col 29}{space 2} 1.589807{col 40}{space 1}    0.81{col 49}{space 3}0.417{col 57}{space 4}-1.835644{col 70}{space 3} 4.416794
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.282957{col 29}{space 2} 1.384727{col 40}{space 1}    0.93{col 49}{space 3}0.355{col 57}{space 4}-1.439989{col 70}{space 3} 4.005903
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9050586{col 29}{space 2} 1.663485{col 40}{space 1}    0.54{col 49}{space 3}0.587{col 57}{space 4}-2.366041{col 70}{space 3} 4.176158
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.682109{col 29}{space 2} 1.031896{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} .6529748{col 70}{space 3} 4.711243
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.063107{col 29}{space 2} 1.712859{col 40}{space 1}    1.20{col 49}{space 3}0.229{col 57}{space 4}-1.305083{col 70}{space 3} 5.431298
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 1.131286{col 29}{space 2} 1.846553{col 40}{space 1}    0.61{col 49}{space 3}0.540{col 57}{space 4}-2.499801{col 70}{space 3} 4.762374
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1085713{col 29}{space 2} 2.801176{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-5.616842{col 70}{space 3} 5.399699
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.984528{col 29}{space 2} 1.241759{col 40}{space 1}   -1.60{col 49}{space 3}0.111{col 57}{space 4}-4.426341{col 70}{space 3} .4572844
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-4.235275{col 29}{space 2} 2.415039{col 40}{space 1}   -1.75{col 49}{space 3}0.080{col 57}{space 4}-8.984241{col 70}{space 3} .5136906
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.879505{col 29}{space 2} 3.015992{col 40}{space 1}   -2.28{col 49}{space 3}0.023{col 57}{space 4}-12.81019{col 70}{space 3}-.9488182
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.840037{col 29}{space 2} 2.173786{col 40}{space 1}   -2.23{col 49}{space 3}0.027{col 57}{space 4}  -9.1146{col 70}{space 3}-.5654746
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 2.652497{col 29}{space 2} 3.232356{col 40}{space 1}    0.82{col 49}{space 3}0.412{col 57}{space 4}-3.703651{col 70}{space 3} 9.008646
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.600895{col 29}{space 2} 2.502839{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-9.522512{col 70}{space 3} .3207222
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.513348{col 29}{space 2} 2.905886{col 40}{space 1}   -0.52{col 49}{space 3}0.603{col 57}{space 4}-7.227521{col 70}{space 3} 4.200826
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.978102{col 29}{space 2} 2.256945{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-8.416189{col 70}{space 3} .4599851
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.922085{col 29}{space 2} 2.909989{col 40}{space 1}   -0.66{col 49}{space 3}0.509{col 57}{space 4}-7.644327{col 70}{space 3} 3.800157
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.609263{col 29}{space 2} 2.594159{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}-8.710452{col 70}{space 3} 1.491927
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.661841{col 29}{space 2} 2.726228{col 40}{space 1}   -0.98{col 49}{space 3}0.330{col 57}{space 4}-8.022733{col 70}{space 3}  2.69905
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8499033{col 29}{space 2} 2.951315{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4}-6.653409{col 70}{space 3} 4.953602
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} -.384238{col 29}{space 2} 3.271394{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-6.817153{col 70}{space 3} 6.048677
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.637372{col 29}{space 2} 2.699588{col 40}{space 1}   -0.61{col 49}{space 3}0.545{col 57}{space 4}-6.945879{col 70}{space 3} 3.671134
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.722772{col 29}{space 2} 3.993168{col 40}{space 1}    2.43{col 49}{space 3}0.015{col 57}{space 4} 1.870552{col 70}{space 3} 17.57499
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  1.13348{col 29}{space 2} 3.711878{col 40}{space 1}    0.31{col 49}{space 3}0.760{col 57}{space 4}-6.165609{col 70}{space 3} 8.432568
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.066164{col 29}{space 2} 3.334915{col 40}{space 1}   -0.32{col 49}{space 3}0.749{col 57}{space 4}-7.623987{col 70}{space 3} 5.491659
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.201295{col 29}{space 2}  3.32474{col 40}{space 1}   -0.66{col 49}{space 3}0.508{col 57}{space 4}-8.739108{col 70}{space 3} 4.336519
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.820022{col 29}{space 2} 4.011999{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-12.70927{col 70}{space 3} 3.069228
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.645245{col 29}{space 2}  3.58172{col 40}{space 1}   -0.46{col 49}{space 3}0.646{col 57}{space 4}-8.688389{col 70}{space 3} 5.397899
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} -.733954{col 29}{space 2} 4.349449{col 40}{space 1}   -0.17{col 49}{space 3}0.866{col 57}{space 4} -9.28677{col 70}{space 3} 7.818862
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.35124{col 29}{space 2} 3.864694{col 40}{space 1}   -0.87{col 49}{space 3}0.386{col 57}{space 4}-10.95083{col 70}{space 3} 4.248347
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015366{col 29}{space 2} 4.556821{col 40}{space 1}    0.22{col 49}{space 3}0.824{col 57}{space 4} -7.94523{col 70}{space 3} 9.975961
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.192496{col 29}{space 2} 4.079428{col 40}{space 1}   -0.29{col 49}{space 3}0.770{col 57}{space 4}-9.214339{col 70}{space 3} 6.829347
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.558927{col 29}{space 2}  4.75815{col 40}{space 1}   -0.33{col 49}{space 3}0.743{col 57}{space 4}-10.91542{col 70}{space 3} 7.797566
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.460945{col 29}{space 2} 4.380094{col 40}{space 1}   -0.56{col 49}{space 3}0.575{col 57}{space 4}-11.07402{col 70}{space 3} 6.152131
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.340711{col 29}{space 2} 4.662753{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-12.50961{col 70}{space 3}  5.82819
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.891089{col 29}{space 2} 4.758781{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-11.24882{col 70}{space 3} 7.466644
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.321797{col 29}{space 2} 4.815759{col 40}{space 1}   -0.69{col 49}{space 3}0.491{col 57}{space 4}-12.79157{col 70}{space 3} 6.147977
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.839656{col 29}{space 2} 5.570037{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4}-12.79265{col 70}{space 3} 9.113342
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .0912449{col 29}{space 2}  6.71357{col 40}{space 1}    0.01{col 49}{space 3}0.989{col 57}{space 4}-13.11041{col 70}{space 3}  13.2929
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.C: SOUTHERN STATES (N = 14): FULL TIME PERIOD *** ARDL (1,1)
. 
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       374){col 67}= {res}     26.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1057366{col 29}{space 2} .0248568{col 40}{space 1}   -4.25{col 49}{space 3}0.000{col 57}{space 4}-.1546131{col 70}{space 3}-.0568601
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}   .24778{col 29}{space 2} 1.127298{col 40}{space 1}    0.22{col 49}{space 3}0.826{col 57}{space 4}-1.968857{col 70}{space 3} 2.464417
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .2644918{col 29}{space 2} 1.438174{col 40}{space 1}    0.18{col 49}{space 3}0.854{col 57}{space 4}-2.563428{col 70}{space 3} 3.092412
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-62.51496{col 29}{space 2} 37.35195{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4}-135.9611{col 70}{space 3} 10.93119
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 268.8586{col 29}{space 2} 87.92597{col 40}{space 1}    3.06{col 49}{space 3}0.002{col 57}{space 4}  95.9674{col 70}{space 3} 441.7498
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 156.9526{col 29}{space 2} 77.11058{col 40}{space 1}    2.04{col 49}{space 3}0.043{col 57}{space 4} 5.327964{col 70}{space 3} 308.5772
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-47.07171{col 29}{space 2} 41.08263{col 40}{space 1}   -1.15{col 49}{space 3}0.253{col 57}{space 4}-127.8536{col 70}{space 3} 33.71018
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 46.58584{col 29}{space 2}  83.4168{col 40}{space 1}    0.56{col 49}{space 3}0.577{col 57}{space 4}-117.4389{col 70}{space 3} 210.6106
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -160.067{col 29}{space 2} 48.64514{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4}-255.7192{col 70}{space 3}-64.41471
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 134.5805{col 29}{space 2} 61.07888{col 40}{space 1}    2.20{col 49}{space 3}0.028{col 57}{space 4} 14.47942{col 70}{space 3} 254.6815
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 29.12056{col 29}{space 2} 59.88405{col 40}{space 1}    0.49{col 49}{space 3}0.627{col 57}{space 4}-88.63107{col 70}{space 3} 146.8722
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-16.23239{col 29}{space 2} 42.58445{col 40}{space 1}   -0.38{col 49}{space 3}0.703{col 57}{space 4}-99.96735{col 70}{space 3} 67.50257
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  95.5012{col 29}{space 2} 57.44016{col 40}{space 1}    1.66{col 49}{space 3}0.097{col 57}{space 4}-17.44496{col 70}{space 3} 208.4474
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 172.2746{col 29}{space 2} 71.54956{col 40}{space 1}    2.41{col 49}{space 3}0.017{col 57}{space 4} 31.58472{col 70}{space 3} 312.9644
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 475.2824{col 29}{space 2} 112.2615{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 254.5396{col 70}{space 3} 696.0252
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -121.995{col 29}{space 2} 44.48545{col 40}{space 1}   -2.74{col 49}{space 3}0.006{col 57}{space 4} -209.468{col 70}{space 3}-34.52208
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-139.4786{col 29}{space 2}  54.6336{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-246.9061{col 70}{space 3}-32.05106
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 60.95768{col 29}{space 2} 101.4597{col 40}{space 1}    0.60{col 49}{space 3}0.548{col 57}{space 4}-138.5453{col 70}{space 3} 260.4607
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 438.9822{col 29}{space 2} 78.96108{col 40}{space 1}    5.56{col 49}{space 3}0.000{col 57}{space 4} 283.7189{col 70}{space 3} 594.2456
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 188.1882{col 29}{space 2} 79.77517{col 40}{space 1}    2.36{col 49}{space 3}0.019{col 57}{space 4} 31.32414{col 70}{space 3} 345.0523
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}  198.609{col 29}{space 2} 104.4627{col 40}{space 1}    1.90{col 49}{space 3}0.058{col 57}{space 4}-6.798775{col 70}{space 3} 404.0168
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 99.20276{col 29}{space 2} 95.79167{col 40}{space 1}    1.04{col 49}{space 3}0.301{col 57}{space 4}  -89.155{col 70}{space 3} 287.5605
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 335.4616{col 29}{space 2} 86.50814{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4} 165.3582{col 70}{space 3} 505.5649
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 294.3863{col 29}{space 2} 92.33991{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 112.8158{col 70}{space 3} 475.9567
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 78.45694{col 29}{space 2} 100.5988{col 40}{space 1}    0.78{col 49}{space 3}0.436{col 57}{space 4}-119.3533{col 70}{space 3} 276.2672
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} -14.5313{col 29}{space 2} 99.77347{col 40}{space 1}   -0.15{col 49}{space 3}0.884{col 57}{space 4}-210.7186{col 70}{space 3}  181.656
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 378.1979{col 29}{space 2} 98.01468{col 40}{space 1}    3.86{col 49}{space 3}0.000{col 57}{space 4} 185.4689{col 70}{space 3} 570.9268
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.7616{col 29}{space 2} 100.9472{col 40}{space 1}    1.63{col 49}{space 3}0.103{col 57}{space 4}-33.73364{col 70}{space 3} 363.2569
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 361.1839{col 29}{space 2} 105.4152{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 153.9031{col 70}{space 3} 568.4646
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  304.778{col 29}{space 2} 114.0836{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 80.45233{col 70}{space 3} 529.1038
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  371.911{col 29}{space 2} 117.1036{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 141.6469{col 70}{space 3}  602.175
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 471.0927{col 29}{space 2} 124.2677{col 40}{space 1}    3.79{col 49}{space 3}0.000{col 57}{space 4} 226.7418{col 70}{space 3} 715.4436
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 755.3789{col 29}{space 2} 130.8453{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4} 498.0941{col 70}{space 3} 1012.664
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.8017{col 29}{space 2} 141.4066{col 40}{space 1}    3.25{col 49}{space 3}0.001{col 57}{space 4} 181.7501{col 70}{space 3} 737.8533
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 672.5048{col 29}{space 2} 152.4211{col 40}{space 1}    4.41{col 49}{space 3}0.000{col 57}{space 4} 372.7951{col 70}{space 3} 972.2145
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 493.7453{col 29}{space 2} 159.0738{col 40}{space 1}    3.10{col 49}{space 3}0.002{col 57}{space 4} 180.9541{col 70}{space 3} 806.5365
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 311.1999{col 29}{space 2} 155.4208{col 40}{space 1}    2.00{col 49}{space 3}0.046{col 57}{space 4} 5.591804{col 70}{space 3} 616.8079
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 403.8107{col 29}{space 2} 153.4293{col 40}{space 1}    2.63{col 49}{space 3}0.009{col 57}{space 4} 102.1184{col 70}{space 3}  705.503
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 693.5234{col 29}{space 2} 164.9986{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 369.0822{col 70}{space 3} 1017.965
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 637.3368{col 29}{space 2} 169.9723{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 303.1155{col 70}{space 3}  971.558
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 868.0392{col 29}{space 2}  182.325{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4} 509.5287{col 70}{space 3}  1226.55
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 738.6347{col 29}{space 2} 173.3117{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 397.8473{col 70}{space 3} 1079.422
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 564.9565{col 29}{space 2} 232.9165{col 40}{space 1}    2.43{col 49}{space 3}0.016{col 57}{space 4} 106.9665{col 70}{space 3} 1022.946
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-193.4142{col 29}{space 2} 200.9047{col 40}{space 1}   -0.96{col 49}{space 3}0.336{col 57}{space 4}-588.4585{col 70}{space 3} 201.6301
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 584.1183{col 29}{space 2} 182.4008{col 40}{space 1}    3.20{col 49}{space 3}0.001{col 57}{space 4} 225.4587{col 70}{space 3} 942.7779
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1175.588{col 29}{space 2} 238.4706{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 706.6768{col 70}{space 3} 1644.499
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force 

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       374){col 67}= {res}      3.60
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1368706{col 29}{space 2} .0300359{col 40}{space 1}   -4.56{col 49}{space 3}0.000{col 57}{space 4} -.195931{col 70}{space 3}-.0778101
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0010538{col 29}{space 2}  .000663{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-.0002499{col 70}{space 3} .0023574
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0002497{col 29}{space 2} .0013513{col 40}{space 1}    0.18{col 49}{space 3}0.854{col 57}{space 4}-.0024074{col 70}{space 3} .0029067
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.353988{col 29}{space 2} 1.855391{col 40}{space 1}   -0.73{col 49}{space 3}0.466{col 57}{space 4}-5.002294{col 70}{space 3} 2.294317
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.610631{col 29}{space 2} 2.500811{col 40}{space 1}   -0.64{col 49}{space 3}0.520{col 57}{space 4}-6.528043{col 70}{space 3} 3.306782
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8367745{col 29}{space 2} 1.337122{col 40}{space 1}   -0.63{col 49}{space 3}0.532{col 57}{space 4}-3.465994{col 70}{space 3} 1.792445
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.422219{col 29}{space 2} 1.033904{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} .3892259{col 70}{space 3} 4.455212
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1454121{col 29}{space 2} 1.293656{col 40}{space 1}   -0.11{col 49}{space 3}0.911{col 57}{space 4}-2.689162{col 70}{space 3} 2.398338
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.619985{col 29}{space 2} 1.661337{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-1.646748{col 70}{space 3} 4.886718
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .719248{col 29}{space 2} 1.447373{col 40}{space 1}    0.50{col 49}{space 3}0.620{col 57}{space 4} -2.12676{col 70}{space 3} 3.565256
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2318895{col 29}{space 2} 1.827042{col 40}{space 1}    0.13{col 49}{space 3}0.899{col 57}{space 4}-3.360673{col 70}{space 3} 3.824452
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.293252{col 29}{space 2} 1.078265{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .1730303{col 70}{space 3} 4.413474
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  1.07318{col 29}{space 2} 1.673128{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-2.216737{col 70}{space 3} 4.363097
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2422758{col 29}{space 2} 1.996728{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-3.683944{col 70}{space 3} 4.168496
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.274957{col 29}{space 2}  2.98253{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-7.139587{col 70}{space 3} 4.589674
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.028178{col 29}{space 2} 1.292087{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-4.568844{col 70}{space 3} .5124884
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-2.919527{col 29}{space 2} 1.808859{col 40}{space 1}   -1.61{col 49}{space 3}0.107{col 57}{space 4}-6.476337{col 70}{space 3} .6372824
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.257807{col 29}{space 2} 2.921276{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4}-12.00199{col 70}{space 3}-.5136225
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.089581{col 29}{space 2} 1.827649{col 40}{space 1}   -2.24{col 49}{space 3}0.026{col 57}{space 4}-7.683337{col 70}{space 3} -.495825
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  4.14011{col 29}{space 2} 2.814096{col 40}{space 1}    1.47{col 49}{space 3}0.142{col 57}{space 4}-1.393323{col 70}{space 3} 9.673543
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.820199{col 29}{space 2} 2.087605{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-7.925114{col 70}{space 3} .2847162
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-.3759665{col 29}{space 2} 2.756711{col 40}{space 1}   -0.14{col 49}{space 3}0.892{col 57}{space 4}-5.796563{col 70}{space 3}  5.04463
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.395332{col 29}{space 2} 2.132692{col 40}{space 1}   -1.59{col 49}{space 3}0.112{col 57}{space 4}-7.588902{col 70}{space 3} .7982371
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.070614{col 29}{space 2} 2.699025{col 40}{space 1}   -0.40{col 49}{space 3}0.692{col 57}{space 4} -6.37778{col 70}{space 3} 4.236552
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.884857{col 29}{space 2} 2.366432{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-7.538036{col 70}{space 3} 1.768322
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.619449{col 29}{space 2} 2.702573{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-7.933592{col 70}{space 3} 2.694694
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.268131{col 29}{space 2}  2.98326{col 40}{space 1}   -0.43{col 49}{space 3}0.671{col 57}{space 4}-7.134197{col 70}{space 3} 4.597935
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .2828447{col 29}{space 2}  3.03916{col 40}{space 1}    0.09{col 49}{space 3}0.926{col 57}{space 4}-5.693139{col 70}{space 3} 6.258828
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.717685{col 29}{space 2} 2.750788{col 40}{space 1}   -0.62{col 49}{space 3}0.533{col 57}{space 4}-7.126635{col 70}{space 3} 3.691265
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.20472{col 29}{space 2} 3.856206{col 40}{space 1}    2.65{col 49}{space 3}0.008{col 57}{space 4} 2.622154{col 70}{space 3} 17.78728
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.457837{col 29}{space 2}  3.52926{col 40}{space 1}    0.41{col 49}{space 3}0.680{col 57}{space 4}-5.481844{col 70}{space 3} 8.397517
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.4930173{col 29}{space 2} 3.328862{col 40}{space 1}   -0.15{col 49}{space 3}0.882{col 57}{space 4} -7.03865{col 70}{space 3} 6.052615
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-1.817624{col 29}{space 2} 3.372509{col 40}{space 1}   -0.54{col 49}{space 3}0.590{col 57}{space 4} -8.44908{col 70}{space 3} 4.813833
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.337989{col 29}{space 2} 3.939723{col 40}{space 1}   -1.10{col 49}{space 3}0.272{col 57}{space 4}-12.08477{col 70}{space 3} 3.408795
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.497407{col 29}{space 2}  3.68091{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4} -9.73528{col 70}{space 3} 4.740467
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-1.084695{col 29}{space 2} 4.345208{col 40}{space 1}   -0.25{col 49}{space 3}0.803{col 57}{space 4}-9.628797{col 70}{space 3} 7.459406
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-4.144596{col 29}{space 2}  3.98151{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-11.97355{col 70}{space 3} 3.684355
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-.2263333{col 29}{space 2}  4.81278{col 40}{space 1}   -0.05{col 49}{space 3}0.963{col 57}{space 4}-9.689833{col 70}{space 3} 9.237166
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.347418{col 29}{space 2} 4.099203{col 40}{space 1}   -0.57{col 49}{space 3}0.567{col 57}{space 4}-10.40779{col 70}{space 3} 5.712957
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.972012{col 29}{space 2} 4.714159{col 40}{space 1}   -0.42{col 49}{space 3}0.676{col 57}{space 4}-11.24159{col 70}{space 3} 7.297568
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-3.269376{col 29}{space 2} 4.565194{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-12.24604{col 70}{space 3}  5.70729
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.699221{col 29}{space 2} 4.699278{col 40}{space 1}   -0.79{col 49}{space 3}0.432{col 57}{space 4}-12.93954{col 70}{space 3} 5.541098
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.730045{col 29}{space 2} 4.924094{col 40}{space 1}   -0.55{col 49}{space 3}0.580{col 57}{space 4}-12.41242{col 70}{space 3} 6.952335
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.301378{col 29}{space 2} 4.901944{col 40}{space 1}   -0.88{col 49}{space 3}0.381{col 57}{space 4} -13.9402{col 70}{space 3} 5.337448
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-5.194114{col 29}{space 2} 5.183434{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-15.38644{col 70}{space 3} 4.998214
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.580838{col 29}{space 2} 6.762622{col 40}{space 1}   -0.38{col 49}{space 3}0.703{col 57}{space 4}-15.87837{col 70}{space 3} 10.71669
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.D: Reduce (4,3) MODEL TO MATCH (5,4) ***
. *(5,4)*
. //Income (5,4)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 52,       367){col 67}= {res}     31.33
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1627567{col 29}{space 2} .0282754{col 40}{space 1}   -5.76{col 49}{space 3}0.000{col 57}{space 4}-.2183587{col 70}{space 3}-.1071546
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9759551{col 29}{space 2}  .999632{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-.9897701{col 70}{space 3}  2.94168
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1915898{col 29}{space 2} .0997871{col 40}{space 1}    1.92{col 49}{space 3}0.056{col 57}{space 4}-.0046365{col 70}{space 3} .3878162
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.3262103{col 29}{space 2} 1.412324{col 40}{space 1}   -0.23{col 49}{space 3}0.817{col 57}{space 4}-3.103473{col 70}{space 3} 2.451052
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2868958{col 29}{space 2}   .09675{col 40}{space 1}    2.97{col 49}{space 3}0.003{col 57}{space 4}  .096642{col 70}{space 3} .4771497
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.277407{col 29}{space 2} 1.507513{col 40}{space 1}   -1.51{col 49}{space 3}0.132{col 57}{space 4}-5.241854{col 70}{space 3} .6870399
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0063768{col 29}{space 2} .0752733{col 40}{space 1}    0.08{col 49}{space 3}0.933{col 57}{space 4}-.1416444{col 70}{space 3}  .154398
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.926829{col 29}{space 2} 1.695346{col 40}{space 1}   -1.14{col 49}{space 3}0.256{col 57}{space 4}-5.260642{col 70}{space 3} 1.406983
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0487202{col 29}{space 2} .0658177{col 40}{space 1}    0.74{col 49}{space 3}0.460{col 57}{space 4} -.080707{col 70}{space 3} .1781474
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 1.599747{col 29}{space 2} 1.595951{col 40}{space 1}    1.00{col 49}{space 3}0.317{col 57}{space 4}-1.538608{col 70}{space 3} 4.738102
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-82.98627{col 29}{space 2} 28.85311{col 40}{space 1}   -2.88{col 49}{space 3}0.004{col 57}{space 4}-139.7244{col 70}{space 3}-26.24811
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 390.1822{col 29}{space 2} 77.78491{col 40}{space 1}    5.02{col 49}{space 3}0.000{col 57}{space 4} 237.2221{col 70}{space 3} 543.1422
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 233.8872{col 29}{space 2} 55.88101{col 40}{space 1}    4.19{col 49}{space 3}0.000{col 57}{space 4}      124{col 70}{space 3} 343.7743
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-54.76559{col 29}{space 2} 35.10573{col 40}{space 1}   -1.56{col 49}{space 3}0.120{col 57}{space 4}-123.7992{col 70}{space 3} 14.26804
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.19238{col 29}{space 2} 54.65808{col 40}{space 1}    0.88{col 49}{space 3}0.379{col 57}{space 4}-59.28994{col 70}{space 3} 155.6747
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-237.2916{col 29}{space 2} 45.44655{col 40}{space 1}   -5.22{col 49}{space 3}0.000{col 57}{space 4}-326.6599{col 70}{space 3}-147.9233
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 182.7636{col 29}{space 2} 42.47693{col 40}{space 1}    4.30{col 49}{space 3}0.000{col 57}{space 4} 99.23486{col 70}{space 3} 266.2923
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 52.71556{col 29}{space 2} 41.18707{col 40}{space 1}    1.28{col 49}{space 3}0.201{col 57}{space 4} -28.2767{col 70}{space 3} 133.7078
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-28.11167{col 29}{space 2} 33.09702{col 40}{space 1}   -0.85{col 49}{space 3}0.396{col 57}{space 4}-93.19528{col 70}{space 3} 36.97193
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 116.7718{col 29}{space 2} 44.26471{col 40}{space 1}    2.64{col 49}{space 3}0.009{col 57}{space 4} 29.72751{col 70}{space 3} 203.8161
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 256.1937{col 29}{space 2} 55.03805{col 40}{space 1}    4.65{col 49}{space 3}0.000{col 57}{space 4} 147.9642{col 70}{space 3} 364.4232
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 628.8844{col 29}{space 2} 102.8191{col 40}{space 1}    6.12{col 49}{space 3}0.000{col 57}{space 4} 426.6959{col 70}{space 3} 831.0728
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2052{col 29}{space 2} 33.38774{col 40}{space 1}   -4.53{col 49}{space 3}0.000{col 57}{space 4}-216.8605{col 70}{space 3}-85.54992
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-149.2158{col 29}{space 2} 89.23605{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4} -324.694{col 70}{space 3} 26.26229
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-24.83381{col 29}{space 2}  116.445{col 40}{space 1}   -0.21{col 49}{space 3}0.831{col 57}{space 4}-253.8169{col 70}{space 3} 204.1493
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 368.1504{col 29}{space 2} 94.07823{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 183.1504{col 70}{space 3} 553.1504
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 13.58816{col 29}{space 2} 110.8439{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-204.3807{col 70}{space 3} 231.5571
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}   20.459{col 29}{space 2} 102.5074{col 40}{space 1}    0.20{col 49}{space 3}0.842{col 57}{space 4}-181.1165{col 70}{space 3} 222.0345
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 8.152564{col 29}{space 2} 95.99252{col 40}{space 1}    0.08{col 49}{space 3}0.932{col 57}{space 4}-180.6118{col 70}{space 3}  196.917
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 236.4273{col 29}{space 2} 90.76478{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} 57.94299{col 70}{space 3} 414.9116
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 237.1691{col 29}{space 2} 114.4439{col 40}{space 1}    2.07{col 49}{space 3}0.039{col 57}{space 4} 12.12099{col 70}{space 3} 462.2172
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.70997{col 29}{space 2} 110.4267{col 40}{space 1}   -0.20{col 49}{space 3}0.844{col 57}{space 4}-238.8584{col 70}{space 3} 195.4384
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-35.40762{col 29}{space 2} 96.85707{col 40}{space 1}   -0.37{col 49}{space 3}0.715{col 57}{space 4}-225.8721{col 70}{space 3} 155.0569
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 422.6801{col 29}{space 2} 95.14644{col 40}{space 1}    4.44{col 49}{space 3}0.000{col 57}{space 4} 235.5795{col 70}{space 3} 609.7807
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.7458{col 29}{space 2} 128.5553{col 40}{space 1}    1.47{col 49}{space 3}0.143{col 57}{space 4}-64.05154{col 70}{space 3} 441.5431
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 335.6242{col 29}{space 2} 109.2556{col 40}{space 1}    3.07{col 49}{space 3}0.002{col 57}{space 4} 120.7786{col 70}{space 3} 550.4697
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 332.7353{col 29}{space 2} 126.4502{col 40}{space 1}    2.63{col 49}{space 3}0.009{col 57}{space 4} 84.07736{col 70}{space 3} 581.3933
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 358.2939{col 29}{space 2} 115.6427{col 40}{space 1}    3.10{col 49}{space 3}0.002{col 57}{space 4} 130.8883{col 70}{space 3} 585.6994
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 495.5121{col 29}{space 2} 128.3076{col 40}{space 1}    3.86{col 49}{space 3}0.000{col 57}{space 4} 243.2018{col 70}{space 3} 747.8225
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 715.3402{col 29}{space 2} 135.5916{col 40}{space 1}    5.28{col 49}{space 3}0.000{col 57}{space 4} 448.7062{col 70}{space 3} 981.9742
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.7318{col 29}{space 2} 160.3077{col 40}{space 1}    2.46{col 49}{space 3}0.014{col 57}{space 4} 79.49479{col 70}{space 3} 709.9687
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 611.8853{col 29}{space 2} 140.3757{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 335.8437{col 70}{space 3} 887.9269
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 519.9043{col 29}{space 2} 172.9059{col 40}{space 1}    3.01{col 49}{space 3}0.003{col 57}{space 4} 179.8937{col 70}{space 3} 859.9149
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 333.1263{col 29}{space 2} 149.7882{col 40}{space 1}    2.22{col 49}{space 3}0.027{col 57}{space 4} 38.57553{col 70}{space 3} 627.6772
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}   537.61{col 29}{space 2}  146.063{col 40}{space 1}    3.68{col 49}{space 3}0.000{col 57}{space 4} 250.3846{col 70}{space 3} 824.8354
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 859.6493{col 29}{space 2} 168.8247{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 527.6641{col 70}{space 3} 1191.634
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 761.4947{col 29}{space 2}  186.817{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 394.1286{col 70}{space 3} 1128.861
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 941.9161{col 29}{space 2} 187.4018{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 573.4001{col 70}{space 3} 1310.432
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 822.6592{col 29}{space 2} 189.3145{col 40}{space 1}    4.35{col 49}{space 3}0.000{col 57}{space 4} 450.3819{col 70}{space 3} 1194.937
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 625.3659{col 29}{space 2} 227.5723{col 40}{space 1}    2.75{col 49}{space 3}0.006{col 57}{space 4} 177.8566{col 70}{space 3} 1072.875
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-32.42434{col 29}{space 2} 176.6065{col 40}{space 1}   -0.18{col 49}{space 3}0.854{col 57}{space 4}-379.7119{col 70}{space 3} 314.8633
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 900.3155{col 29}{space 2} 146.4598{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 612.3097{col 70}{space 3} 1188.321
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1765.524{col 29}{space 2} 261.4964{col 40}{space 1}    6.75{col 49}{space 3}0.000{col 57}{space 4} 1251.304{col 70}{space 3} 2279.743
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates8110inc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(52, 367)      = {res}    14.00
{txt}       Model {c |} {res} 24098863.1        52  463439.675   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 12149385.6       367  33104.5928   {txt}R-squared       ={res}    0.6648
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6173
{txt}       Total {c |} {res} 36248248.6       419  86511.3333   {txt}Root MSE        =   {res} 181.95

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1627567{col 29}{space 2} .0234441{col 40}{space 1}   -6.94{col 49}{space 3}0.000{col 57}{space 4}-.2088582{col 70}{space 3}-.1166551
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9759551{col 29}{space 2} 1.002463{col 40}{space 1}    0.97{col 49}{space 3}0.331{col 57}{space 4}-.9953363{col 70}{space 3} 2.947246
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1915898{col 29}{space 2} .0490596{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} .0951167{col 70}{space 3}  .288063
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.3262103{col 29}{space 2} 1.589761{col 40}{space 1}   -0.21{col 49}{space 3}0.838{col 57}{space 4}-3.452395{col 70}{space 3} 2.799974
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2868958{col 29}{space 2}  .056067{col 40}{space 1}    5.12{col 49}{space 3}0.000{col 57}{space 4} .1766429{col 70}{space 3} .3971487
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.277407{col 29}{space 2} 1.749876{col 40}{space 1}   -1.30{col 49}{space 3}0.194{col 57}{space 4}-5.718448{col 70}{space 3} 1.163634
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0063768{col 29}{space 2} .0627722{col 40}{space 1}    0.10{col 49}{space 3}0.919{col 57}{space 4}-.1170616{col 70}{space 3} .1298152
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-1.926829{col 29}{space 2} 1.727569{col 40}{space 1}   -1.12{col 49}{space 3}0.265{col 57}{space 4}-5.324007{col 70}{space 3} 1.470348
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2} .0487202{col 29}{space 2} .0616903{col 40}{space 1}    0.79{col 49}{space 3}0.430{col 57}{space 4}-.0725907{col 70}{space 3} .1700311
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} 1.599747{col 29}{space 2} 1.732014{col 40}{space 1}    0.92{col 49}{space 3}0.356{col 57}{space 4} -1.80617{col 70}{space 3} 5.005664
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-82.98627{col 29}{space 2}  50.9585{col 40}{space 1}   -1.63{col 49}{space 3}0.104{col 57}{space 4}-183.1936{col 70}{space 3} 17.22101
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 390.1822{col 29}{space 2} 78.59075{col 40}{space 1}    4.96{col 49}{space 3}0.000{col 57}{space 4} 235.6375{col 70}{space 3} 544.7269
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 233.8872{col 29}{space 2} 58.65423{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4} 118.5466{col 70}{space 3} 349.2277
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-54.76559{col 29}{space 2} 52.66584{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-158.3303{col 70}{space 3}  48.7991
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.19238{col 29}{space 2} 47.52397{col 40}{space 1}    1.01{col 49}{space 3}0.311{col 57}{space 4}-45.26108{col 70}{space 3} 141.6458
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-237.2916{col 29}{space 2} 57.79142{col 40}{space 1}   -4.11{col 49}{space 3}0.000{col 57}{space 4}-350.9355{col 70}{space 3}-123.6477
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 182.7636{col 29}{space 2} 56.09542{col 40}{space 1}    3.26{col 49}{space 3}0.001{col 57}{space 4}  72.4548{col 70}{space 3} 293.0724
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 52.71556{col 29}{space 2} 52.84892{col 40}{space 1}    1.00{col 49}{space 3}0.319{col 57}{space 4}-51.20914{col 70}{space 3} 156.6403
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-28.11167{col 29}{space 2} 51.00266{col 40}{space 1}   -0.55{col 49}{space 3}0.582{col 57}{space 4}-128.4058{col 70}{space 3} 72.18246
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 116.7718{col 29}{space 2} 60.41849{col 40}{space 1}    1.93{col 49}{space 3}0.054{col 57}{space 4} -2.03807{col 70}{space 3} 235.5817
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 256.1937{col 29}{space 2} 65.30474{col 40}{space 1}    3.92{col 49}{space 3}0.000{col 57}{space 4} 127.7752{col 70}{space 3} 384.6121
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 628.8844{col 29}{space 2} 98.23783{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 435.7047{col 70}{space 3} 822.0641
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2052{col 29}{space 2} 50.74283{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-250.9884{col 70}{space 3}-51.42203
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-149.2158{col 29}{space 2} 81.30203{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-309.0921{col 70}{space 3} 10.66045
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-24.83381{col 29}{space 2} 85.57158{col 40}{space 1}   -0.29{col 49}{space 3}0.772{col 57}{space 4} -193.106{col 70}{space 3} 143.4383
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 368.1504{col 29}{space 2} 82.51644{col 40}{space 1}    4.46{col 49}{space 3}0.000{col 57}{space 4}  205.886{col 70}{space 3} 530.4148
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 13.58816{col 29}{space 2} 89.16121{col 40}{space 1}    0.15{col 49}{space 3}0.879{col 57}{space 4}-161.7428{col 70}{space 3} 188.9191
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}   20.459{col 29}{space 2} 87.65783{col 40}{space 1}    0.23{col 49}{space 3}0.816{col 57}{space 4}-151.9157{col 70}{space 3} 192.8337
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 8.152564{col 29}{space 2} 79.03466{col 40}{space 1}    0.10{col 49}{space 3}0.918{col 57}{space 4}-147.2651{col 70}{space 3} 163.5702
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 236.4273{col 29}{space 2} 83.75092{col 40}{space 1}    2.82{col 49}{space 3}0.005{col 57}{space 4} 71.73537{col 70}{space 3} 401.1192
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 237.1691{col 29}{space 2} 87.35341{col 40}{space 1}    2.72{col 49}{space 3}0.007{col 57}{space 4} 65.39308{col 70}{space 3} 408.9451
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.70997{col 29}{space 2} 93.40767{col 40}{space 1}   -0.23{col 49}{space 3}0.816{col 57}{space 4}-205.3914{col 70}{space 3} 161.9715
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-35.40762{col 29}{space 2} 88.19462{col 40}{space 1}   -0.40{col 49}{space 3}0.688{col 57}{space 4}-208.8378{col 70}{space 3} 138.0226
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 422.6801{col 29}{space 2} 86.29097{col 40}{space 1}    4.90{col 49}{space 3}0.000{col 57}{space 4} 252.9933{col 70}{space 3} 592.3669
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 188.7458{col 29}{space 2} 99.75805{col 40}{space 1}    1.89{col 49}{space 3}0.059{col 57}{space 4}-7.423304{col 70}{space 3} 384.9149
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 335.6242{col 29}{space 2} 103.7193{col 40}{space 1}    3.24{col 49}{space 3}0.001{col 57}{space 4} 131.6655{col 70}{space 3} 539.5828
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 332.7353{col 29}{space 2} 103.4813{col 40}{space 1}    3.22{col 49}{space 3}0.001{col 57}{space 4} 129.2446{col 70}{space 3}  536.226
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 358.2939{col 29}{space 2} 107.4189{col 40}{space 1}    3.34{col 49}{space 3}0.001{col 57}{space 4} 147.0601{col 70}{space 3} 569.5277
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 495.5121{col 29}{space 2} 109.1836{col 40}{space 1}    4.54{col 49}{space 3}0.000{col 57}{space 4} 280.8081{col 70}{space 3} 710.2162
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 715.3402{col 29}{space 2} 115.3917{col 40}{space 1}    6.20{col 49}{space 3}0.000{col 57}{space 4} 488.4282{col 70}{space 3} 942.2521
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 394.7318{col 29}{space 2} 125.1118{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} 148.7058{col 70}{space 3} 640.7577
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 611.8853{col 29}{space 2} 124.4899{col 40}{space 1}    4.92{col 49}{space 3}0.000{col 57}{space 4} 367.0822{col 70}{space 3} 856.6883
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 519.9043{col 29}{space 2} 127.7067{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 268.7756{col 70}{space 3} 771.0329
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 333.1263{col 29}{space 2} 133.0516{col 40}{space 1}    2.50{col 49}{space 3}0.013{col 57}{space 4} 71.48717{col 70}{space 3} 594.7655
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}   537.61{col 29}{space 2} 131.9685{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 278.1006{col 70}{space 3} 797.1194
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 859.6493{col 29}{space 2} 136.5501{col 40}{space 1}    6.30{col 49}{space 3}0.000{col 57}{space 4} 591.1305{col 70}{space 3} 1128.168
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 761.4947{col 29}{space 2} 149.7181{col 40}{space 1}    5.09{col 49}{space 3}0.000{col 57}{space 4} 467.0817{col 70}{space 3} 1055.908
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 941.9161{col 29}{space 2} 154.6561{col 40}{space 1}    6.09{col 49}{space 3}0.000{col 57}{space 4} 637.7929{col 70}{space 3} 1246.039
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 822.6592{col 29}{space 2}  157.722{col 40}{space 1}    5.22{col 49}{space 3}0.000{col 57}{space 4}  512.507{col 70}{space 3} 1132.812
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 625.3659{col 29}{space 2} 159.8184{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 311.0911{col 70}{space 3} 939.6407
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-32.42434{col 29}{space 2} 159.4746{col 40}{space 1}   -0.20{col 49}{space 3}0.839{col 57}{space 4}-346.0229{col 70}{space 3} 281.1742
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 900.3155{col 29}{space 2} 151.1139{col 40}{space 1}    5.96{col 49}{space 3}0.000{col 57}{space 4} 603.1577{col 70}{space 3} 1197.473
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1765.524{col 29}{space 2} 224.0844{col 40}{space 1}    7.88{col 49}{space 3}0.000{col 57}{space 4} 1324.873{col 70}{space 3} 2206.174
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates8110incols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. //Political Competition (PC) (5,4)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 52,       367){col 67}= {res}      3.54
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1428304{col 29}{space 2} .0319123{col 40}{space 1}   -4.48{col 49}{space 3}0.000{col 57}{space 4}-.2055844{col 70}{space 3}-.0800764
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0007336{col 29}{space 2} .0006447{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-.0005341{col 70}{space 3} .0020013
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0284818{col 29}{space 2} .0450489{col 40}{space 1}    0.63{col 49}{space 3}0.528{col 57}{space 4}-.0601046{col 70}{space 3} .1170682
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003481{col 29}{space 2} .0015376{col 40}{space 1}   -0.23{col 49}{space 3}0.821{col 57}{space 4}-.0033716{col 70}{space 3} .0026755
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0530189{col 29}{space 2}  .073351{col 40}{space 1}    0.72{col 49}{space 3}0.470{col 57}{space 4} -.091222{col 70}{space 3} .1972599
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0027946{col 29}{space 2} .0019694{col 40}{space 1}    1.42{col 49}{space 3}0.157{col 57}{space 4} -.001078{col 70}{space 3} .0066673
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0363837{col 29}{space 2} .0401807{col 40}{space 1}    0.91{col 49}{space 3}0.366{col 57}{space 4}-.0426297{col 70}{space 3} .1153971
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0002219{col 29}{space 2} .0023567{col 40}{space 1}   -0.09{col 49}{space 3}0.925{col 57}{space 4}-.0048563{col 70}{space 3} .0044125
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0752572{col 29}{space 2} .0822518{col 40}{space 1}   -0.91{col 49}{space 3}0.361{col 57}{space 4}-.2370011{col 70}{space 3} .0864867
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0004928{col 29}{space 2} .0017963{col 40}{space 1}    0.27{col 49}{space 3}0.784{col 57}{space 4}-.0030395{col 70}{space 3} .0040251
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.584883{col 29}{space 2}  1.75314{col 40}{space 1}   -0.90{col 49}{space 3}0.367{col 57}{space 4}-5.032343{col 70}{space 3} 1.862578
{txt}{space 12}12  {c |}{col 17}{res}{space 2} -.575365{col 29}{space 2} 2.413435{col 40}{space 1}   -0.24{col 49}{space 3}0.812{col 57}{space 4}-5.321263{col 70}{space 3} 4.170533
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.2600463{col 29}{space 2} 1.359141{col 40}{space 1}   -0.19{col 49}{space 3}0.848{col 57}{space 4}-2.932728{col 70}{space 3} 2.412636
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.659746{col 29}{space 2} 1.075302{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} .5452202{col 70}{space 3} 4.774272
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1688368{col 29}{space 2} 1.259069{col 40}{space 1}   -0.13{col 49}{space 3}0.893{col 57}{space 4}-2.644732{col 70}{space 3} 2.307058
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.170369{col 29}{space 2} 1.596901{col 40}{space 1}    0.73{col 49}{space 3}0.464{col 57}{space 4}-1.969856{col 70}{space 3} 4.310593
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  1.23881{col 29}{space 2}   1.4045{col 40}{space 1}    0.88{col 49}{space 3}0.378{col 57}{space 4}-1.523067{col 70}{space 3} 4.000687
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .7126637{col 29}{space 2} 1.720752{col 40}{space 1}    0.41{col 49}{space 3}0.679{col 57}{space 4}-2.671108{col 70}{space 3} 4.096435
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.444881{col 29}{space 2} 1.054353{col 40}{space 1}    2.32{col 49}{space 3}0.021{col 57}{space 4} .3715492{col 70}{space 3} 4.518214
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.630802{col 29}{space 2} 1.705375{col 40}{space 1}    0.96{col 49}{space 3}0.340{col 57}{space 4}-1.722732{col 70}{space 3} 4.984335
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  1.04833{col 29}{space 2} 1.924784{col 40}{space 1}    0.54{col 49}{space 3}0.586{col 57}{space 4} -2.73666{col 70}{space 3} 4.833319
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.0707896{col 29}{space 2} 2.815736{col 40}{space 1}   -0.03{col 49}{space 3}0.980{col 57}{space 4} -5.60779{col 70}{space 3} 5.466211
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.145851{col 29}{space 2}  1.21348{col 40}{space 1}   -1.77{col 49}{space 3}0.078{col 57}{space 4}-4.532098{col 70}{space 3}  .240396
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-3.960352{col 29}{space 2} 2.571894{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4} -9.01785{col 70}{space 3} 1.097145
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -6.11909{col 29}{space 2} 3.357866{col 40}{space 1}   -1.82{col 49}{space 3}0.069{col 57}{space 4}-12.72216{col 70}{space 3} .4839819
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} -4.52389{col 29}{space 2} 2.287508{col 40}{space 1}   -1.98{col 49}{space 3}0.049{col 57}{space 4}-9.022158{col 70}{space 3}-.0256223
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.227732{col 29}{space 2} 3.388846{col 40}{space 1}    0.95{col 49}{space 3}0.341{col 57}{space 4}-3.436261{col 70}{space 3} 9.891725
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -4.29519{col 29}{space 2} 2.623034{col 40}{space 1}   -1.64{col 49}{space 3}0.102{col 57}{space 4}-9.453252{col 70}{space 3} .8628717
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.613421{col 29}{space 2}  2.86078{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-7.238999{col 70}{space 3} 4.012158
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.683475{col 29}{space 2} 2.373829{col 40}{space 1}   -1.55{col 49}{space 3}0.122{col 57}{space 4}-8.351488{col 70}{space 3} .9845385
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.059247{col 29}{space 2} 3.065289{col 40}{space 1}   -0.35{col 49}{space 3}0.730{col 57}{space 4}-7.086981{col 70}{space 3} 4.968486
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.296764{col 29}{space 2}  2.78708{col 40}{space 1}   -1.18{col 49}{space 3}0.238{col 57}{space 4}-8.777415{col 70}{space 3} 2.183887
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.208547{col 29}{space 2} 2.839489{col 40}{space 1}   -0.78{col 49}{space 3}0.437{col 57}{space 4}-7.792257{col 70}{space 3} 3.375163
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.6324614{col 29}{space 2} 3.037796{col 40}{space 1}   -0.21{col 49}{space 3}0.835{col 57}{space 4}-6.606132{col 70}{space 3} 5.341209
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .0934487{col 29}{space 2} 3.385559{col 40}{space 1}    0.03{col 49}{space 3}0.978{col 57}{space 4}-6.564081{col 70}{space 3} 6.750978
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.185079{col 29}{space 2}  3.02122{col 40}{space 1}   -0.39{col 49}{space 3}0.695{col 57}{space 4}-7.126154{col 70}{space 3} 4.755996
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.956241{col 29}{space 2} 4.101301{col 40}{space 1}    2.43{col 49}{space 3}0.016{col 57}{space 4} 1.891241{col 70}{space 3} 18.02124
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.589569{col 29}{space 2} 3.885238{col 40}{space 1}    0.41{col 49}{space 3}0.683{col 57}{space 4}-6.050552{col 70}{space 3} 9.229691
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.6081148{col 29}{space 2} 3.400476{col 40}{space 1}   -0.18{col 49}{space 3}0.858{col 57}{space 4}-7.294978{col 70}{space 3} 6.078749
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} -1.84267{col 29}{space 2} 3.463109{col 40}{space 1}   -0.53{col 49}{space 3}0.595{col 57}{space 4}-8.652697{col 70}{space 3} 4.967356
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-3.686074{col 29}{space 2} 4.087602{col 40}{space 1}   -0.90{col 49}{space 3}0.368{col 57}{space 4}-11.72413{col 70}{space 3} 4.351987
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.257357{col 29}{space 2} 3.665179{col 40}{space 1}   -0.34{col 49}{space 3}0.732{col 57}{space 4}-8.464744{col 70}{space 3} 5.950031
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.6667375{col 29}{space 2} 4.345693{col 40}{space 1}   -0.15{col 49}{space 3}0.878{col 57}{space 4} -9.21232{col 70}{space 3} 7.878845
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.130283{col 29}{space 2}  3.93111{col 40}{space 1}   -0.80{col 49}{space 3}0.426{col 57}{space 4}-10.86061{col 70}{space 3} 4.600044
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.011105{col 29}{space 2} 4.727698{col 40}{space 1}    0.21{col 49}{space 3}0.831{col 57}{space 4}-8.285672{col 70}{space 3} 10.30788
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.9359714{col 29}{space 2} 4.138373{col 40}{space 1}   -0.23{col 49}{space 3}0.821{col 57}{space 4} -9.07387{col 70}{space 3} 7.201927
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.070359{col 29}{space 2} 4.869164{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-10.64532{col 70}{space 3} 8.504603
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.162678{col 29}{space 2}  4.54563{col 40}{space 1}   -0.48{col 49}{space 3}0.635{col 57}{space 4}-11.10143{col 70}{space 3} 6.776071
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-2.887871{col 29}{space 2} 4.677463{col 40}{space 1}   -0.62{col 49}{space 3}0.537{col 57}{space 4}-12.08586{col 70}{space 3} 6.310121
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.502099{col 29}{space 2} 4.815531{col 40}{space 1}   -0.31{col 49}{space 3}0.755{col 57}{space 4} -10.9716{col 70}{space 3} 7.967397
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.014468{col 29}{space 2} 4.836756{col 40}{space 1}   -0.62{col 49}{space 3}0.534{col 57}{space 4} -12.5257{col 70}{space 3} 6.496765
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.533202{col 29}{space 2} 5.884322{col 40}{space 1}   -0.26{col 49}{space 3}0.795{col 57}{space 4}-13.10442{col 70}{space 3} 10.03802
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .8481088{col 29}{space 2} 6.576215{col 40}{space 1}    0.13{col 49}{space 3}0.897{col 57}{space 4}-12.08368{col 70}{space 3}  13.7799
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates8110pc
{txt}(option xb assumed; fitted values)
(245 missing values generated)

{com}. 
. //ols version
. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(52, 367)      = {res}     3.01
{txt}       Model {c |} {res} 5552.24335        52  106.773911   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 13038.1077       367  35.5261791   {txt}R-squared       ={res}    0.2987
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1993
{txt}       Total {c |} {res} 18590.3511       419  44.3683797   {txt}Root MSE        =   {res} 5.9604

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1428304{col 29}{space 2} .0327698{col 40}{space 1}   -4.36{col 49}{space 3}0.000{col 57}{space 4}-.2072705{col 70}{space 3}-.0783902
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0007336{col 29}{space 2} .0007868{col 40}{space 1}    0.93{col 49}{space 3}0.352{col 57}{space 4}-.0008135{col 70}{space 3} .0022808
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0284818{col 29}{space 2} .0576995{col 40}{space 1}    0.49{col 49}{space 3}0.622{col 57}{space 4}-.0849813{col 70}{space 3} .1419449
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003481{col 29}{space 2} .0017086{col 40}{space 1}   -0.20{col 49}{space 3}0.839{col 57}{space 4}-.0037079{col 70}{space 3} .0030117
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0530189{col 29}{space 2}  .056873{col 40}{space 1}    0.93{col 49}{space 3}0.352{col 57}{space 4}-.0588188{col 70}{space 3} .1648567
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0027946{col 29}{space 2} .0016238{col 40}{space 1}    1.72{col 49}{space 3}0.086{col 57}{space 4}-.0003985{col 70}{space 3} .0059878
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0363837{col 29}{space 2} .0572015{col 40}{space 1}    0.64{col 49}{space 3}0.525{col 57}{space 4}-.0761001{col 70}{space 3} .1488675
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0002219{col 29}{space 2} .0018984{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-.0039549{col 70}{space 3} .0035112
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.0752572{col 29}{space 2} .0560119{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-.1854017{col 70}{space 3} .0348872
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0004928{col 29}{space 2} .0020108{col 40}{space 1}    0.25{col 49}{space 3}0.807{col 57}{space 4}-.0034613{col 70}{space 3}  .004447
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.584883{col 29}{space 2} 1.672147{col 40}{space 1}   -0.95{col 49}{space 3}0.344{col 57}{space 4}-4.873074{col 70}{space 3} 1.703309
{txt}{space 12}12  {c |}{col 17}{res}{space 2} -.575365{col 29}{space 2} 2.631162{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-5.749411{col 70}{space 3} 4.598681
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.2600463{col 29}{space 2} 1.943241{col 40}{space 1}   -0.13{col 49}{space 3}0.894{col 57}{space 4}-4.081331{col 70}{space 3} 3.561238
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.659746{col 29}{space 2} 1.735122{col 40}{space 1}    1.53{col 49}{space 3}0.126{col 57}{space 4}-.7522829{col 70}{space 3} 6.071775
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1688368{col 29}{space 2} 1.558837{col 40}{space 1}   -0.11{col 49}{space 3}0.914{col 57}{space 4} -3.23421{col 70}{space 3} 2.896536
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.170369{col 29}{space 2} 1.914342{col 40}{space 1}    0.61{col 49}{space 3}0.541{col 57}{space 4}-2.594087{col 70}{space 3} 4.934825
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  1.23881{col 29}{space 2} 1.853494{col 40}{space 1}    0.67{col 49}{space 3}0.504{col 57}{space 4}-2.405991{col 70}{space 3} 4.883611
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .7126637{col 29}{space 2} 1.736975{col 40}{space 1}    0.41{col 49}{space 3}0.682{col 57}{space 4}-2.703009{col 70}{space 3} 4.128336
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.444881{col 29}{space 2} 1.673511{col 40}{space 1}    1.46{col 49}{space 3}0.145{col 57}{space 4}-.8459922{col 70}{space 3} 5.735755
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 1.630802{col 29}{space 2} 2.012348{col 40}{space 1}    0.81{col 49}{space 3}0.418{col 57}{space 4}-2.326378{col 70}{space 3} 5.587981
{txt}{space 12}48  {c |}{col 17}{res}{space 2}  1.04833{col 29}{space 2} 2.159071{col 40}{space 1}    0.49{col 49}{space 3}0.628{col 57}{space 4}-3.197373{col 70}{space 3} 5.294032
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.0707896{col 29}{space 2} 3.334014{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4}-6.626958{col 70}{space 3} 6.485379
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.145851{col 29}{space 2} 1.678528{col 40}{space 1}   -1.28{col 49}{space 3}0.202{col 57}{space 4} -5.44659{col 70}{space 3} 1.154888
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-3.960352{col 29}{space 2} 2.609629{col 40}{space 1}   -1.52{col 49}{space 3}0.130{col 57}{space 4}-9.092055{col 70}{space 3}  1.17135
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} -6.11909{col 29}{space 2} 2.786452{col 40}{space 1}   -2.20{col 49}{space 3}0.029{col 57}{space 4}-11.59851{col 70}{space 3}-.6396732
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} -4.52389{col 29}{space 2} 2.572148{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-9.581887{col 70}{space 3} .5341064
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 3.227732{col 29}{space 2} 2.922733{col 40}{space 1}    1.10{col 49}{space 3}0.270{col 57}{space 4}-2.519673{col 70}{space 3} 8.975138
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} -4.29519{col 29}{space 2} 2.789589{col 40}{space 1}   -1.54{col 49}{space 3}0.124{col 57}{space 4}-9.780776{col 70}{space 3} 1.190395
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.613421{col 29}{space 2}  2.55168{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4} -6.63117{col 70}{space 3} 3.404328
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.683475{col 29}{space 2} 2.741288{col 40}{space 1}   -1.34{col 49}{space 3}0.180{col 57}{space 4}-9.074078{col 70}{space 3} 1.707129
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.059247{col 29}{space 2} 2.918595{col 40}{space 1}   -0.36{col 49}{space 3}0.717{col 57}{space 4}-6.798516{col 70}{space 3} 4.680021
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.296764{col 29}{space 2}  3.04121{col 40}{space 1}   -1.08{col 49}{space 3}0.279{col 57}{space 4}-9.277148{col 70}{space 3}  2.68362
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.208547{col 29}{space 2}  2.81257{col 40}{space 1}   -0.79{col 49}{space 3}0.433{col 57}{space 4}-7.739322{col 70}{space 3} 3.322227
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.6324614{col 29}{space 2} 2.911046{col 40}{space 1}   -0.22{col 49}{space 3}0.828{col 57}{space 4}-6.356884{col 70}{space 3} 5.091962
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .0934487{col 29}{space 2}  3.27967{col 40}{space 1}    0.03{col 49}{space 3}0.977{col 57}{space 4}-6.355855{col 70}{space 3} 6.542752
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.185079{col 29}{space 2} 3.357629{col 40}{space 1}   -0.35{col 49}{space 3}0.724{col 57}{space 4}-7.787684{col 70}{space 3} 5.417527
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.956241{col 29}{space 2} 3.201851{col 40}{space 1}    3.11{col 49}{space 3}0.002{col 57}{space 4} 3.659965{col 70}{space 3} 16.25252
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.589569{col 29}{space 2} 3.561575{col 40}{space 1}    0.45{col 49}{space 3}0.656{col 57}{space 4}-5.414087{col 70}{space 3} 8.593225
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.6081148{col 29}{space 2} 3.563153{col 40}{space 1}   -0.17{col 49}{space 3}0.865{col 57}{space 4}-7.614873{col 70}{space 3} 6.398643
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} -1.84267{col 29}{space 2} 3.935393{col 40}{space 1}   -0.47{col 49}{space 3}0.640{col 57}{space 4}-9.581419{col 70}{space 3} 5.896078
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-3.686074{col 29}{space 2} 4.121458{col 40}{space 1}   -0.89{col 49}{space 3}0.372{col 57}{space 4}-11.79071{col 70}{space 3} 4.418563
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.257357{col 29}{space 2} 4.125504{col 40}{space 1}   -0.30{col 49}{space 3}0.761{col 57}{space 4}-9.369949{col 70}{space 3} 6.855236
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-.6667375{col 29}{space 2} 4.205487{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}-8.936613{col 70}{space 3} 7.603138
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-3.130283{col 29}{space 2} 4.389551{col 40}{space 1}   -0.71{col 49}{space 3}0.476{col 57}{space 4}-11.76211{col 70}{space 3} 5.501546
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.011105{col 29}{space 2} 4.297353{col 40}{space 1}    0.24{col 49}{space 3}0.814{col 57}{space 4}-7.439419{col 70}{space 3}  9.46163
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-.9359714{col 29}{space 2} 4.677093{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-10.13324{col 70}{space 3} 8.261293
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.070359{col 29}{space 2} 4.986673{col 40}{space 1}   -0.21{col 49}{space 3}0.830{col 57}{space 4} -10.8764{col 70}{space 3} 8.735679
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.162678{col 29}{space 2} 5.101168{col 40}{space 1}   -0.42{col 49}{space 3}0.672{col 57}{space 4}-12.19386{col 70}{space 3} 7.868508
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-2.887871{col 29}{space 2} 5.149295{col 40}{space 1}   -0.56{col 49}{space 3}0.575{col 57}{space 4} -13.0137{col 70}{space 3} 7.237955
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.502099{col 29}{space 2} 5.257108{col 40}{space 1}   -0.29{col 49}{space 3}0.775{col 57}{space 4}-11.83993{col 70}{space 3} 8.835736
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.014468{col 29}{space 2} 5.078934{col 40}{space 1}   -0.59{col 49}{space 3}0.553{col 57}{space 4}-13.00193{col 70}{space 3} 6.972996
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.533202{col 29}{space 2} 5.124799{col 40}{space 1}   -0.30{col 49}{space 3}0.765{col 57}{space 4}-11.61086{col 70}{space 3} 8.544454
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .8481088{col 29}{space 2} 7.738975{col 40}{space 1}    0.11{col 49}{space 3}0.913{col 57}{space 4}-14.37019{col 70}{space 3} 16.06641
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates8110pcols
{txt}(option {bf:xb} assumed; fitted values)
(245 missing values generated)

{com}. 
. 
. //Reduce (4,3) to (5,4)
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates8110inc!=. & year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 50,       369){col 67}= {res}     31.39
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.159476{col 29}{space 2} .0269314{col 40}{space 1}   -5.92{col 49}{space 3}0.000{col 57}{space 4}-.2124343{col 70}{space 3}-.1065176
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.190507{col 29}{space 2}  .957032{col 40}{space 1}    1.24{col 49}{space 3}0.214{col 57}{space 4}-.6914134{col 70}{space 3} 3.072428
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1850257{col 29}{space 2} .0999486{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.0115146{col 70}{space 3}  .381566
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.2387595{col 29}{space 2} 1.445788{col 40}{space 1}   -0.17{col 49}{space 3}0.869{col 57}{space 4}-3.081778{col 70}{space 3} 2.604259
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2886415{col 29}{space 2}  .098352{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} .0952409{col 70}{space 3} .4820422
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.408253{col 29}{space 2} 1.460907{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}   -5.281{col 70}{space 3} .4644938
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0219886{col 29}{space 2} .0678612{col 40}{space 1}    0.32{col 49}{space 3}0.746{col 57}{space 4}-.1114546{col 70}{space 3} .1554317
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.03739{col 29}{space 2} 1.689856{col 40}{space 1}   -1.21{col 49}{space 3}0.229{col 57}{space 4}-5.360345{col 70}{space 3} 1.285565
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-79.69069{col 29}{space 2} 28.59231{col 40}{space 1}   -2.79{col 49}{space 3}0.006{col 57}{space 4} -135.915{col 70}{space 3}-23.46637
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 374.9277{col 29}{space 2} 74.58455{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 228.2636{col 70}{space 3} 521.5917
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 227.1736{col 29}{space 2} 56.97105{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4}  115.145{col 70}{space 3} 339.2023
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-61.25864{col 29}{space 2}  34.4784{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-129.0574{col 70}{space 3} 6.540151
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.92456{col 29}{space 2} 54.71758{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-58.67283{col 70}{space 3}  156.522
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-232.1721{col 29}{space 2} 44.49382{col 40}{space 1}   -5.22{col 49}{space 3}0.000{col 57}{space 4}-319.6654{col 70}{space 3}-144.6789
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 175.4963{col 29}{space 2} 42.53353{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 91.85775{col 70}{space 3} 259.1348
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 44.86474{col 29}{space 2} 42.35714{col 40}{space 1}    1.06{col 49}{space 3}0.290{col 57}{space 4}-38.42691{col 70}{space 3} 128.1564
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-32.55324{col 29}{space 2} 34.29585{col 40}{space 1}   -0.95{col 49}{space 3}0.343{col 57}{space 4}-99.99307{col 70}{space 3} 34.88659
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 104.9811{col 29}{space 2} 41.98554{col 40}{space 1}    2.50{col 49}{space 3}0.013{col 57}{space 4}  22.4202{col 70}{space 3} 187.5421
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 244.6053{col 29}{space 2} 53.65086{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4} 139.1056{col 70}{space 3} 350.1051
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 612.6886{col 29}{space 2} 98.59624{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 418.8076{col 70}{space 3} 806.5696
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2922{col 29}{space 2} 32.33533{col 40}{space 1}   -4.68{col 49}{space 3}0.000{col 57}{space 4}-214.8769{col 70}{space 3} -87.7076
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-127.5451{col 29}{space 2} 87.43458{col 40}{space 1}   -1.46{col 49}{space 3}0.145{col 57}{space 4}-299.4776{col 70}{space 3}  44.3875
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-25.24554{col 29}{space 2} 115.1749{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-251.7271{col 70}{space 3}  201.236
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 351.3017{col 29}{space 2} 88.58961{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 177.0978{col 70}{space 3} 525.5055
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 14.80993{col 29}{space 2} 109.5988{col 40}{space 1}    0.14{col 49}{space 3}0.893{col 57}{space 4}-200.7066{col 70}{space 3} 230.3264
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.405672{col 29}{space 2} 101.4447{col 40}{space 1}    0.02{col 49}{space 3}0.981{col 57}{space 4}-197.0766{col 70}{space 3} 201.8879
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-2.078829{col 29}{space 2} 95.97404{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4}-190.8035{col 70}{space 3} 186.6458
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 260.1807{col 29}{space 2} 87.55943{col 40}{space 1}    2.97{col 49}{space 3}0.003{col 57}{space 4} 88.00264{col 70}{space 3} 432.3588
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 232.1882{col 29}{space 2} 113.3308{col 40}{space 1}    2.05{col 49}{space 3}0.041{col 57}{space 4} 9.333033{col 70}{space 3} 455.0433
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.92249{col 29}{space 2} 109.5315{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-237.3067{col 70}{space 3} 193.4617
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-52.18415{col 29}{space 2} 94.47723{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-237.9655{col 70}{space 3} 133.5972
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 421.7332{col 29}{space 2} 95.48052{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4}  233.979{col 70}{space 3} 609.4874
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}   185.99{col 29}{space 2} 128.5637{col 40}{space 1}    1.45{col 49}{space 3}0.149{col 57}{space 4}-66.81937{col 70}{space 3} 438.7993
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 319.8589{col 29}{space 2} 108.4113{col 40}{space 1}    2.95{col 49}{space 3}0.003{col 57}{space 4} 106.6775{col 70}{space 3} 533.0404
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 307.3559{col 29}{space 2} 122.5826{col 40}{space 1}    2.51{col 49}{space 3}0.013{col 57}{space 4} 66.30776{col 70}{space 3} 548.4041
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 356.6253{col 29}{space 2} 115.9739{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4} 128.5726{col 70}{space 3}  584.678
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 474.2467{col 29}{space 2} 125.9122{col 40}{space 1}    3.77{col 49}{space 3}0.000{col 57}{space 4} 226.6511{col 70}{space 3} 721.8422
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.5743{col 29}{space 2} 134.9069{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 456.2916{col 70}{space 3} 986.8569
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 379.1904{col 29}{space 2} 157.9986{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 68.49978{col 70}{space 3} 689.8809
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 590.5904{col 29}{space 2} 138.8523{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 317.5494{col 70}{space 3} 863.6314
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 497.0812{col 29}{space 2} 168.0353{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 166.6544{col 70}{space 3} 827.5081
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 322.9015{col 29}{space 2} 148.4203{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} 31.04578{col 70}{space 3} 614.7573
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 509.7446{col 29}{space 2} 142.8947{col 40}{space 1}    3.57{col 49}{space 3}0.000{col 57}{space 4} 228.7544{col 70}{space 3} 790.7347
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 847.8396{col 29}{space 2} 168.9851{col 40}{space 1}    5.02{col 49}{space 3}0.000{col 57}{space 4}  515.545{col 70}{space 3} 1180.134
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 737.4956{col 29}{space 2} 183.9565{col 40}{space 1}    4.01{col 49}{space 3}0.000{col 57}{space 4}  375.761{col 70}{space 3}  1099.23
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 910.8451{col 29}{space 2} 176.8528{col 40}{space 1}    5.15{col 49}{space 3}0.000{col 57}{space 4} 563.0794{col 70}{space 3} 1258.611
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 787.9674{col 29}{space 2} 180.5572{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 432.9173{col 70}{space 3} 1143.018
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 604.2361{col 29}{space 2} 226.2848{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 159.2667{col 70}{space 3} 1049.206
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-64.31444{col 29}{space 2} 171.3434{col 40}{space 1}   -0.38{col 49}{space 3}0.708{col 57}{space 4}-401.2464{col 70}{space 3} 272.6175
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 878.8336{col 29}{space 2} 143.8383{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4} 595.9879{col 70}{space 3} 1161.679
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1736.714{col 29}{space 2} 250.4582{col 40}{space 1}    6.93{col 49}{space 3}0.000{col 57}{space 4} 1244.209{col 70}{space 3} 2229.218
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if allstates8110incols!=. & year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(50, 369)      = {res}    14.55
{txt}       Model {c |} {res} 24048557.1        50  480971.143   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 12199691.5       369  33061.4946   {txt}R-squared       ={res}    0.6634
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6178
{txt}       Total {c |} {res} 36248248.6       419  86511.3333   {txt}Root MSE        =   {res} 181.83

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.159476{col 29}{space 2} .0224631{col 40}{space 1}   -7.10{col 49}{space 3}0.000{col 57}{space 4}-.2036476{col 70}{space 3}-.1153043
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.190507{col 29}{space 2}  .958397{col 40}{space 1}    1.24{col 49}{space 3}0.215{col 57}{space 4}-.6940975{col 70}{space 3} 3.075112
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1850257{col 29}{space 2} .0486181{col 40}{space 1}    3.81{col 49}{space 3}0.000{col 57}{space 4} .0894225{col 70}{space 3}  .280629
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.2387595{col 29}{space 2}  1.58703{col 40}{space 1}   -0.15{col 49}{space 3}0.880{col 57}{space 4}-3.359518{col 70}{space 3} 2.881999
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2886415{col 29}{space 2} .0558844{col 40}{space 1}    5.16{col 49}{space 3}0.000{col 57}{space 4} .1787497{col 70}{space 3} .3985334
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.408253{col 29}{space 2}  1.74009{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-5.829991{col 70}{space 3} 1.013484
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0219886{col 29}{space 2} .0610913{col 40}{space 1}    0.36{col 49}{space 3}0.719{col 57}{space 4}-.0981422{col 70}{space 3} .1421193
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.03739{col 29}{space 2} 1.706376{col 40}{space 1}   -1.19{col 49}{space 3}0.233{col 57}{space 4}-5.392831{col 70}{space 3} 1.318051
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-79.69069{col 29}{space 2} 50.85319{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-179.6891{col 70}{space 3} 20.30773
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 374.9277{col 29}{space 2} 77.30283{col 40}{space 1}    4.85{col 49}{space 3}0.000{col 57}{space 4} 222.9183{col 70}{space 3}  526.937
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 227.1736{col 29}{space 2} 58.07599{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 112.9722{col 70}{space 3} 341.3751
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-61.25864{col 29}{space 2} 52.03376{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-163.5785{col 70}{space 3} 41.06126
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.92456{col 29}{space 2} 47.44092{col 40}{space 1}    1.03{col 49}{space 3}0.303{col 57}{space 4}-44.36392{col 70}{space 3}  142.213
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-232.1721{col 29}{space 2} 57.15223{col 40}{space 1}   -4.06{col 49}{space 3}0.000{col 57}{space 4}-344.5571{col 70}{space 3}-119.7872
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 175.4963{col 29}{space 2} 55.69586{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} 65.97516{col 70}{space 3} 285.0174
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 44.86474{col 29}{space 2} 52.42171{col 40}{space 1}    0.86{col 49}{space 3}0.393{col 57}{space 4}-58.21802{col 70}{space 3} 147.9475
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-32.55324{col 29}{space 2} 50.64385{col 40}{space 1}   -0.64{col 49}{space 3}0.521{col 57}{space 4}  -132.14{col 70}{space 3} 67.03352
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 104.9811{col 29}{space 2} 59.43961{col 40}{space 1}    1.77{col 49}{space 3}0.078{col 57}{space 4}-11.90171{col 70}{space 3}  221.864
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 244.6053{col 29}{space 2} 64.37923{col 40}{space 1}    3.80{col 49}{space 3}0.000{col 57}{space 4} 118.0091{col 70}{space 3} 371.2015
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 612.6886{col 29}{space 2} 96.46908{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 422.9905{col 70}{space 3} 802.3867
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2922{col 29}{space 2} 50.55939{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4}-250.7129{col 70}{space 3}-51.87156
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-127.5451{col 29}{space 2} 79.02066{col 40}{space 1}   -1.61{col 49}{space 3}0.107{col 57}{space 4}-282.9324{col 70}{space 3} 27.84224
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-25.24554{col 29}{space 2} 84.94706{col 40}{space 1}   -0.30{col 49}{space 3}0.766{col 57}{space 4}-192.2866{col 70}{space 3} 141.7955
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 351.3017{col 29}{space 2}  76.2944{col 40}{space 1}    4.60{col 49}{space 3}0.000{col 57}{space 4} 201.2753{col 70}{space 3}  501.328
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 14.80993{col 29}{space 2} 88.97812{col 40}{space 1}    0.17{col 49}{space 3}0.868{col 57}{space 4}-160.1579{col 70}{space 3} 189.7777
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.405672{col 29}{space 2} 85.32585{col 40}{space 1}    0.03{col 49}{space 3}0.978{col 57}{space 4}-165.3802{col 70}{space 3} 170.1916
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-2.078829{col 29}{space 2} 77.80785{col 40}{space 1}   -0.03{col 49}{space 3}0.979{col 57}{space 4}-155.0813{col 70}{space 3} 150.9236
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 260.1807{col 29}{space 2} 81.44996{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 100.0164{col 70}{space 3}  420.345
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 232.1882{col 29}{space 2} 87.00901{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 61.09247{col 70}{space 3} 403.2839
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.92249{col 29}{space 2} 92.62474{col 40}{space 1}   -0.24{col 49}{space 3}0.813{col 57}{space 4}-204.0611{col 70}{space 3} 160.2161
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-52.18415{col 29}{space 2} 85.62162{col 40}{space 1}   -0.61{col 49}{space 3}0.543{col 57}{space 4}-220.5517{col 70}{space 3} 116.1834
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 421.7332{col 29}{space 2} 86.02532{col 40}{space 1}    4.90{col 49}{space 3}0.000{col 57}{space 4} 252.5719{col 70}{space 3} 590.8946
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}   185.99{col 29}{space 2} 99.51273{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-9.693219{col 70}{space 3} 381.6732
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 319.8589{col 29}{space 2}  101.067{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} 121.1194{col 70}{space 3} 518.5984
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 307.3559{col 29}{space 2} 97.63444{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} 115.3662{col 70}{space 3} 499.3456
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 356.6253{col 29}{space 2} 106.9999{col 40}{space 1}    3.33{col 49}{space 3}0.001{col 57}{space 4} 146.2192{col 70}{space 3} 567.0314
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 474.2467{col 29}{space 2} 105.7666{col 40}{space 1}    4.48{col 49}{space 3}0.000{col 57}{space 4} 266.2657{col 70}{space 3} 682.2276
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.5743{col 29}{space 2} 112.7642{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 499.8333{col 70}{space 3} 943.3153
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 379.1904{col 29}{space 2}   123.07{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4} 137.1839{col 70}{space 3} 621.1968
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 590.5904{col 29}{space 2} 121.9932{col 40}{space 1}    4.84{col 49}{space 3}0.000{col 57}{space 4} 350.7012{col 70}{space 3} 830.4796
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 497.0812{col 29}{space 2} 125.4639{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} 250.3674{col 70}{space 3} 743.7951
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 322.9015{col 29}{space 2} 132.7043{col 40}{space 1}    2.43{col 49}{space 3}0.015{col 57}{space 4} 61.94995{col 70}{space 3} 583.8531
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 509.7446{col 29}{space 2} 128.1522{col 40}{space 1}    3.98{col 49}{space 3}0.000{col 57}{space 4} 257.7444{col 70}{space 3} 761.7448
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 847.8396{col 29}{space 2} 135.6447{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 581.1061{col 70}{space 3} 1114.573
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 737.4956{col 29}{space 2} 147.1341{col 40}{space 1}    5.01{col 49}{space 3}0.000{col 57}{space 4} 448.1692{col 70}{space 3} 1026.822
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 910.8451{col 29}{space 2} 148.1723{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 619.4771{col 70}{space 3} 1202.213
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 787.9674{col 29}{space 2} 151.6714{col 40}{space 1}    5.20{col 49}{space 3}0.000{col 57}{space 4} 489.7187{col 70}{space 3} 1086.216
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 604.2361{col 29}{space 2} 157.2671{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 294.9839{col 70}{space 3} 913.4884
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-64.31444{col 29}{space 2} 154.9542{col 40}{space 1}   -0.42{col 49}{space 3}0.678{col 57}{space 4}-369.0185{col 70}{space 3} 240.3896
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 878.8336{col 29}{space 2} 149.3604{col 40}{space 1}    5.88{col 49}{space 3}0.000{col 57}{space 4} 585.1293{col 70}{space 3} 1172.538
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1736.714{col 29}{space 2} 217.7419{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4} 1308.543{col 70}{space 3} 2164.884
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27} -2982.74{col 38}-2754.054{col 49}    51{col 58} 5610.108{col 69} 5816.161
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates8110pc!=. & year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 50,       369){col 67}= {res}      3.52
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1540747{col 29}{space 2} .0320933{col 40}{space 1}   -4.80{col 49}{space 3}0.000{col 57}{space 4}-.2171835{col 70}{space 3} -.090966
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008531{col 29}{space 2} .0006462{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.0004177{col 70}{space 3} .0021238
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0376483{col 29}{space 2} .0441331{col 40}{space 1}    0.85{col 49}{space 3}0.394{col 57}{space 4}-.0491358{col 70}{space 3} .1244323
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003191{col 29}{space 2} .0015387{col 40}{space 1}   -0.21{col 49}{space 3}0.836{col 57}{space 4}-.0033447{col 70}{space 3} .0027066
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0631538{col 29}{space 2}  .070672{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-.0758165{col 70}{space 3} .2021241
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0026923{col 29}{space 2} .0019686{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-.0011788{col 70}{space 3} .0065635
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0474311{col 29}{space 2} .0400883{col 40}{space 1}    1.18{col 49}{space 3}0.238{col 57}{space 4}-.0313991{col 70}{space 3} .1262614
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0000896{col 29}{space 2} .0022873{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-.0045874{col 70}{space 3} .0044083
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.619338{col 29}{space 2} 1.783128{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-5.125705{col 70}{space 3} 1.887029
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-.3925599{col 29}{space 2} 2.465394{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}-5.240545{col 70}{space 3} 4.455425
{txt}{space 12}13  {c |}{col 17}{res}{space 2} -.296784{col 29}{space 2} 1.346142{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-2.943855{col 70}{space 3} 2.350287
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.973798{col 29}{space 2} 1.068691{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} .8723099{col 70}{space 3} 5.075287
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2284034{col 29}{space 2}  1.25843{col 40}{space 1}   -0.18{col 49}{space 3}0.856{col 57}{space 4}-2.702998{col 70}{space 3} 2.246191
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.290575{col 29}{space 2} 1.589807{col 40}{space 1}    0.81{col 49}{space 3}0.417{col 57}{space 4}-1.835644{col 70}{space 3} 4.416794
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.282957{col 29}{space 2} 1.384727{col 40}{space 1}    0.93{col 49}{space 3}0.355{col 57}{space 4}-1.439989{col 70}{space 3} 4.005903
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9050586{col 29}{space 2} 1.663485{col 40}{space 1}    0.54{col 49}{space 3}0.587{col 57}{space 4}-2.366041{col 70}{space 3} 4.176158
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.682109{col 29}{space 2} 1.031896{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} .6529748{col 70}{space 3} 4.711243
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.063107{col 29}{space 2} 1.712859{col 40}{space 1}    1.20{col 49}{space 3}0.229{col 57}{space 4}-1.305083{col 70}{space 3} 5.431298
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 1.131286{col 29}{space 2} 1.846553{col 40}{space 1}    0.61{col 49}{space 3}0.540{col 57}{space 4}-2.499801{col 70}{space 3} 4.762374
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1085713{col 29}{space 2} 2.801176{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-5.616842{col 70}{space 3} 5.399699
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.984528{col 29}{space 2} 1.241759{col 40}{space 1}   -1.60{col 49}{space 3}0.111{col 57}{space 4}-4.426341{col 70}{space 3} .4572844
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-4.235275{col 29}{space 2} 2.415039{col 40}{space 1}   -1.75{col 49}{space 3}0.080{col 57}{space 4}-8.984241{col 70}{space 3} .5136906
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.879505{col 29}{space 2} 3.015992{col 40}{space 1}   -2.28{col 49}{space 3}0.023{col 57}{space 4}-12.81019{col 70}{space 3}-.9488182
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.840037{col 29}{space 2} 2.173786{col 40}{space 1}   -2.23{col 49}{space 3}0.027{col 57}{space 4}  -9.1146{col 70}{space 3}-.5654746
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 2.652497{col 29}{space 2} 3.232356{col 40}{space 1}    0.82{col 49}{space 3}0.412{col 57}{space 4}-3.703651{col 70}{space 3} 9.008646
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.600895{col 29}{space 2} 2.502839{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-9.522512{col 70}{space 3} .3207222
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.513348{col 29}{space 2} 2.905886{col 40}{space 1}   -0.52{col 49}{space 3}0.603{col 57}{space 4}-7.227521{col 70}{space 3} 4.200826
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.978102{col 29}{space 2} 2.256945{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-8.416189{col 70}{space 3} .4599851
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.922085{col 29}{space 2} 2.909989{col 40}{space 1}   -0.66{col 49}{space 3}0.509{col 57}{space 4}-7.644327{col 70}{space 3} 3.800157
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.609263{col 29}{space 2} 2.594159{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}-8.710452{col 70}{space 3} 1.491927
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.661841{col 29}{space 2} 2.726228{col 40}{space 1}   -0.98{col 49}{space 3}0.330{col 57}{space 4}-8.022733{col 70}{space 3}  2.69905
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8499033{col 29}{space 2} 2.951315{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4}-6.653409{col 70}{space 3} 4.953602
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} -.384238{col 29}{space 2} 3.271394{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-6.817153{col 70}{space 3} 6.048677
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.637372{col 29}{space 2} 2.699588{col 40}{space 1}   -0.61{col 49}{space 3}0.545{col 57}{space 4}-6.945879{col 70}{space 3} 3.671134
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.722772{col 29}{space 2} 3.993168{col 40}{space 1}    2.43{col 49}{space 3}0.015{col 57}{space 4} 1.870552{col 70}{space 3} 17.57499
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  1.13348{col 29}{space 2} 3.711878{col 40}{space 1}    0.31{col 49}{space 3}0.760{col 57}{space 4}-6.165609{col 70}{space 3} 8.432568
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.066164{col 29}{space 2} 3.334915{col 40}{space 1}   -0.32{col 49}{space 3}0.749{col 57}{space 4}-7.623987{col 70}{space 3} 5.491659
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.201295{col 29}{space 2}  3.32474{col 40}{space 1}   -0.66{col 49}{space 3}0.508{col 57}{space 4}-8.739108{col 70}{space 3} 4.336519
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.820022{col 29}{space 2} 4.011999{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-12.70927{col 70}{space 3} 3.069228
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.645245{col 29}{space 2}  3.58172{col 40}{space 1}   -0.46{col 49}{space 3}0.646{col 57}{space 4}-8.688389{col 70}{space 3} 5.397899
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} -.733954{col 29}{space 2} 4.349449{col 40}{space 1}   -0.17{col 49}{space 3}0.866{col 57}{space 4} -9.28677{col 70}{space 3} 7.818862
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.35124{col 29}{space 2} 3.864694{col 40}{space 1}   -0.87{col 49}{space 3}0.386{col 57}{space 4}-10.95083{col 70}{space 3} 4.248347
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015366{col 29}{space 2} 4.556821{col 40}{space 1}    0.22{col 49}{space 3}0.824{col 57}{space 4} -7.94523{col 70}{space 3} 9.975961
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.192496{col 29}{space 2} 4.079428{col 40}{space 1}   -0.29{col 49}{space 3}0.770{col 57}{space 4}-9.214339{col 70}{space 3} 6.829347
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.558927{col 29}{space 2}  4.75815{col 40}{space 1}   -0.33{col 49}{space 3}0.743{col 57}{space 4}-10.91542{col 70}{space 3} 7.797566
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.460945{col 29}{space 2} 4.380094{col 40}{space 1}   -0.56{col 49}{space 3}0.575{col 57}{space 4}-11.07402{col 70}{space 3} 6.152131
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.340711{col 29}{space 2} 4.662753{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-12.50961{col 70}{space 3}  5.82819
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.891089{col 29}{space 2} 4.758781{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-11.24882{col 70}{space 3} 7.466644
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.321797{col 29}{space 2} 4.815759{col 40}{space 1}   -0.69{col 49}{space 3}0.491{col 57}{space 4}-12.79157{col 70}{space 3} 6.147977
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.839656{col 29}{space 2} 5.570037{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4}-12.79265{col 70}{space 3} 9.113342
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .0912449{col 29}{space 2}  6.71357{col 40}{space 1}    0.01{col 49}{space 3}0.989{col 57}{space 4}-13.11041{col 70}{space 3}  13.2929
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if allstates8110pcols!=. & year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(50, 369)      = {res}     3.09
{txt}       Model {c |} {res} 5485.99864        50  109.719973   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 13104.3524       369  35.5131503   {txt}R-squared       ={res}    0.2951
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1996
{txt}       Total {c |} {res} 18590.3511       419  44.3683797   {txt}Root MSE        =   {res} 5.9593

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1540747{col 29}{space 2} .0316832{col 40}{space 1}   -4.86{col 49}{space 3}0.000{col 57}{space 4}-.2163771{col 70}{space 3}-.0917724
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008531{col 29}{space 2}   .00075{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-.0006217{col 70}{space 3} .0023279
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0376483{col 29}{space 2} .0571148{col 40}{space 1}    0.66{col 49}{space 3}0.510{col 57}{space 4}-.0746631{col 70}{space 3} .1499596
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003191{col 29}{space 2}  .001708{col 40}{space 1}   -0.19{col 49}{space 3}0.852{col 57}{space 4}-.0036777{col 70}{space 3} .0030395
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0631538{col 29}{space 2} .0563713{col 40}{space 1}    1.12{col 49}{space 3}0.263{col 57}{space 4}-.0476954{col 70}{space 3} .1740031
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0026923{col 29}{space 2} .0016145{col 40}{space 1}    1.67{col 49}{space 3}0.096{col 57}{space 4}-.0004824{col 70}{space 3} .0058671
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0474311{col 29}{space 2} .0564944{col 40}{space 1}    0.84{col 49}{space 3}0.402{col 57}{space 4}-.0636601{col 70}{space 3} .1585224
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0000896{col 29}{space 2} .0018566{col 40}{space 1}   -0.05{col 49}{space 3}0.962{col 57}{space 4}-.0037405{col 70}{space 3} .0035614
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.619338{col 29}{space 2} 1.668338{col 40}{space 1}   -0.97{col 49}{space 3}0.332{col 57}{space 4} -4.89998{col 70}{space 3} 1.661304
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-.3925599{col 29}{space 2} 2.580508{col 40}{space 1}   -0.15{col 49}{space 3}0.879{col 57}{space 4}-5.466906{col 70}{space 3} 4.681787
{txt}{space 12}13  {c |}{col 17}{res}{space 2} -.296784{col 29}{space 2}  1.92207{col 40}{space 1}   -0.15{col 49}{space 3}0.877{col 57}{space 4}-4.076369{col 70}{space 3} 3.482801
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.973798{col 29}{space 2} 1.719491{col 40}{space 1}    1.73{col 49}{space 3}0.085{col 57}{space 4}-.4074331{col 70}{space 3}  6.35503
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2284034{col 29}{space 2} 1.557845{col 40}{space 1}   -0.15{col 49}{space 3}0.884{col 57}{space 4}-3.291771{col 70}{space 3} 2.834965
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.290575{col 29}{space 2} 1.888524{col 40}{space 1}    0.68{col 49}{space 3}0.495{col 57}{space 4}-2.423044{col 70}{space 3} 5.004193
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.282957{col 29}{space 2} 1.841644{col 40}{space 1}    0.70{col 49}{space 3}0.486{col 57}{space 4}-2.338477{col 70}{space 3} 4.904392
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9050586{col 29}{space 2} 1.724829{col 40}{space 1}    0.52{col 49}{space 3}0.600{col 57}{space 4} -2.48667{col 70}{space 3} 4.296787
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.682109{col 29}{space 2} 1.663951{col 40}{space 1}    1.61{col 49}{space 3}0.108{col 57}{space 4}-.5899071{col 70}{space 3} 5.954125
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.063107{col 29}{space 2} 1.982323{col 40}{space 1}    1.04{col 49}{space 3}0.299{col 57}{space 4}-1.834959{col 70}{space 3} 5.961174
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 1.131286{col 29}{space 2} 2.127995{col 40}{space 1}    0.53{col 49}{space 3}0.595{col 57}{space 4}-3.053232{col 70}{space 3} 5.315805
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1085713{col 29}{space 2} 3.263818{col 40}{space 1}   -0.03{col 49}{space 3}0.973{col 57}{space 4}-6.526588{col 70}{space 3} 6.309446
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.984528{col 29}{space 2} 1.671444{col 40}{space 1}   -1.19{col 49}{space 3}0.236{col 57}{space 4}-5.271279{col 70}{space 3} 1.302222
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-4.235275{col 29}{space 2} 2.471882{col 40}{space 1}   -1.71{col 49}{space 3}0.087{col 57}{space 4}-9.096018{col 70}{space 3} .6254671
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.879505{col 29}{space 2} 2.309799{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-11.42153{col 70}{space 3}-2.337485
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.840037{col 29}{space 2} 2.484261{col 40}{space 1}   -1.95{col 49}{space 3}0.052{col 57}{space 4}-9.725123{col 70}{space 3} .0450483
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 2.652497{col 29}{space 2} 2.651205{col 40}{space 1}    1.00{col 49}{space 3}0.318{col 57}{space 4}-2.560868{col 70}{space 3} 7.865863
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.600895{col 29}{space 2} 2.610665{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-9.734542{col 70}{space 3} .5327525
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.513348{col 29}{space 2} 2.543057{col 40}{space 1}   -0.60{col 49}{space 3}0.552{col 57}{space 4} -6.51405{col 70}{space 3} 3.487354
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.978102{col 29}{space 2}  2.60878{col 40}{space 1}   -1.52{col 49}{space 3}0.128{col 57}{space 4}-9.108042{col 70}{space 3} 1.151838
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.922085{col 29}{space 2} 2.742338{col 40}{space 1}   -0.70{col 49}{space 3}0.484{col 57}{space 4}-7.314656{col 70}{space 3} 3.470485
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.609263{col 29}{space 2} 2.762054{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-9.040603{col 70}{space 3} 1.822077
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.661841{col 29}{space 2} 2.707041{col 40}{space 1}   -0.98{col 49}{space 3}0.326{col 57}{space 4}-7.985004{col 70}{space 3} 2.661321
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8499033{col 29}{space 2} 2.804997{col 40}{space 1}   -0.30{col 49}{space 3}0.762{col 57}{space 4}-6.365688{col 70}{space 3} 4.665882
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} -.384238{col 29}{space 2} 2.988912{col 40}{space 1}   -0.13{col 49}{space 3}0.898{col 57}{space 4}-6.261676{col 70}{space 3}   5.4932
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.637372{col 29}{space 2} 2.905125{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4} -7.35005{col 70}{space 3} 4.075305
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.722772{col 29}{space 2} 3.084735{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} 3.656906{col 70}{space 3} 15.78864
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  1.13348{col 29}{space 2} 3.232328{col 40}{space 1}    0.35{col 49}{space 3}0.726{col 57}{space 4}-5.222614{col 70}{space 3} 7.489573
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.066164{col 29}{space 2} 3.388812{col 40}{space 1}   -0.31{col 49}{space 3}0.753{col 57}{space 4}-7.729971{col 70}{space 3} 5.597643
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.201295{col 29}{space 2} 3.683007{col 40}{space 1}   -0.60{col 49}{space 3}0.550{col 57}{space 4}-9.443611{col 70}{space 3} 5.041022
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.820022{col 29}{space 2} 3.826831{col 40}{space 1}   -1.26{col 49}{space 3}0.209{col 57}{space 4}-12.34516{col 70}{space 3} 2.705111
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.645245{col 29}{space 2} 3.899244{col 40}{space 1}   -0.42{col 49}{space 3}0.673{col 57}{space 4}-9.312771{col 70}{space 3} 6.022282
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} -.733954{col 29}{space 2} 4.123765{col 40}{space 1}   -0.18{col 49}{space 3}0.859{col 57}{space 4}-8.842982{col 70}{space 3} 7.375074
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.35124{col 29}{space 2} 4.080971{col 40}{space 1}   -0.82{col 49}{space 3}0.412{col 57}{space 4}-11.37612{col 70}{space 3} 4.673636
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015366{col 29}{space 2} 4.146184{col 40}{space 1}    0.24{col 49}{space 3}0.807{col 57}{space 4}-7.137748{col 70}{space 3}  9.16848
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.192496{col 29}{space 2} 4.419703{col 40}{space 1}   -0.27{col 49}{space 3}0.787{col 57}{space 4} -9.88346{col 70}{space 3} 7.498468
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.558927{col 29}{space 2} 4.538516{col 40}{space 1}   -0.34{col 49}{space 3}0.731{col 57}{space 4}-10.48353{col 70}{space 3} 7.365673
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.460945{col 29}{space 2} 4.667509{col 40}{space 1}   -0.53{col 49}{space 3}0.598{col 57}{space 4} -11.6392{col 70}{space 3} 6.717308
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.340711{col 29}{space 2} 4.905953{col 40}{space 1}   -0.68{col 49}{space 3}0.496{col 57}{space 4}-12.98785{col 70}{space 3} 6.306422
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.891089{col 29}{space 2} 4.913875{col 40}{space 1}   -0.38{col 49}{space 3}0.701{col 57}{space 4} -11.5538{col 70}{space 3} 7.771622
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.321797{col 29}{space 2} 4.893499{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4}-12.94444{col 70}{space 3} 6.300847
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.839656{col 29}{space 2} 4.933453{col 40}{space 1}   -0.37{col 49}{space 3}0.709{col 57}{space 4}-11.54087{col 70}{space 3} 7.861554
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .0912449{col 29}{space 2} 7.611341{col 40}{space 1}    0.01{col 49}{space 3}0.990{col 57}{space 4} -14.8758{col 70}{space 3} 15.05829
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27}-1391.884{col 38}-1318.448{col 49}    51{col 58} 2738.895{col 69} 2944.948
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force
{txt}
{com}. 
. *** 3.D.a: TEST OF REAL_PC_INC_ANN*
. test  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   367) ={res}    0.71
{txt}{col 13}Prob > F ={res}    0.4911
{txt}
{com}. 
. //pc 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force
{txt}
{com}. 
. *** 3.D.b: TEST OF 4YR RANNEY MODEL*
. test l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L4D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L4D.klarnerranney = 0{p_end}

{txt}       F(  2,   367) ={res}    0.44
{txt}{col 13}Prob > F ={res}    0.6451
{txt}
{com}. 
. 
. 
. 
. //Reduce (1,1) to (5,4)
. 
. 
. //Income (1,1) Reduced to (5,4)
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates8110inc!=. & year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       374){col 67}= {res}     26.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1057366{col 29}{space 2} .0248568{col 40}{space 1}   -4.25{col 49}{space 3}0.000{col 57}{space 4}-.1546131{col 70}{space 3}-.0568601
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}   .24778{col 29}{space 2} 1.127298{col 40}{space 1}    0.22{col 49}{space 3}0.826{col 57}{space 4}-1.968857{col 70}{space 3} 2.464417
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .2644918{col 29}{space 2} 1.438174{col 40}{space 1}    0.18{col 49}{space 3}0.854{col 57}{space 4}-2.563428{col 70}{space 3} 3.092412
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-62.51496{col 29}{space 2} 37.35195{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4}-135.9611{col 70}{space 3} 10.93119
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 268.8586{col 29}{space 2} 87.92597{col 40}{space 1}    3.06{col 49}{space 3}0.002{col 57}{space 4}  95.9674{col 70}{space 3} 441.7498
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 156.9526{col 29}{space 2} 77.11058{col 40}{space 1}    2.04{col 49}{space 3}0.043{col 57}{space 4} 5.327964{col 70}{space 3} 308.5772
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-47.07171{col 29}{space 2} 41.08263{col 40}{space 1}   -1.15{col 49}{space 3}0.253{col 57}{space 4}-127.8536{col 70}{space 3} 33.71018
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 46.58584{col 29}{space 2}  83.4168{col 40}{space 1}    0.56{col 49}{space 3}0.577{col 57}{space 4}-117.4389{col 70}{space 3} 210.6106
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -160.067{col 29}{space 2} 48.64514{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4}-255.7192{col 70}{space 3}-64.41471
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 134.5805{col 29}{space 2} 61.07888{col 40}{space 1}    2.20{col 49}{space 3}0.028{col 57}{space 4} 14.47942{col 70}{space 3} 254.6815
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 29.12056{col 29}{space 2} 59.88405{col 40}{space 1}    0.49{col 49}{space 3}0.627{col 57}{space 4}-88.63107{col 70}{space 3} 146.8722
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-16.23239{col 29}{space 2} 42.58445{col 40}{space 1}   -0.38{col 49}{space 3}0.703{col 57}{space 4}-99.96735{col 70}{space 3} 67.50257
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  95.5012{col 29}{space 2} 57.44016{col 40}{space 1}    1.66{col 49}{space 3}0.097{col 57}{space 4}-17.44496{col 70}{space 3} 208.4474
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 172.2746{col 29}{space 2} 71.54956{col 40}{space 1}    2.41{col 49}{space 3}0.017{col 57}{space 4} 31.58472{col 70}{space 3} 312.9644
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 475.2824{col 29}{space 2} 112.2615{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 254.5396{col 70}{space 3} 696.0252
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -121.995{col 29}{space 2} 44.48545{col 40}{space 1}   -2.74{col 49}{space 3}0.006{col 57}{space 4} -209.468{col 70}{space 3}-34.52208
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-139.4786{col 29}{space 2}  54.6336{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-246.9061{col 70}{space 3}-32.05106
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 60.95768{col 29}{space 2} 101.4597{col 40}{space 1}    0.60{col 49}{space 3}0.548{col 57}{space 4}-138.5453{col 70}{space 3} 260.4607
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 438.9822{col 29}{space 2} 78.96108{col 40}{space 1}    5.56{col 49}{space 3}0.000{col 57}{space 4} 283.7189{col 70}{space 3} 594.2456
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 188.1882{col 29}{space 2} 79.77517{col 40}{space 1}    2.36{col 49}{space 3}0.019{col 57}{space 4} 31.32414{col 70}{space 3} 345.0523
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}  198.609{col 29}{space 2} 104.4627{col 40}{space 1}    1.90{col 49}{space 3}0.058{col 57}{space 4}-6.798775{col 70}{space 3} 404.0168
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 99.20276{col 29}{space 2} 95.79167{col 40}{space 1}    1.04{col 49}{space 3}0.301{col 57}{space 4}  -89.155{col 70}{space 3} 287.5605
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 335.4616{col 29}{space 2} 86.50814{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4} 165.3582{col 70}{space 3} 505.5649
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 294.3863{col 29}{space 2} 92.33991{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 112.8158{col 70}{space 3} 475.9567
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 78.45694{col 29}{space 2} 100.5988{col 40}{space 1}    0.78{col 49}{space 3}0.436{col 57}{space 4}-119.3533{col 70}{space 3} 276.2672
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} -14.5313{col 29}{space 2} 99.77347{col 40}{space 1}   -0.15{col 49}{space 3}0.884{col 57}{space 4}-210.7186{col 70}{space 3}  181.656
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 378.1979{col 29}{space 2} 98.01468{col 40}{space 1}    3.86{col 49}{space 3}0.000{col 57}{space 4} 185.4689{col 70}{space 3} 570.9268
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.7616{col 29}{space 2} 100.9472{col 40}{space 1}    1.63{col 49}{space 3}0.103{col 57}{space 4}-33.73364{col 70}{space 3} 363.2569
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 361.1839{col 29}{space 2} 105.4152{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 153.9031{col 70}{space 3} 568.4646
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  304.778{col 29}{space 2} 114.0836{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 80.45233{col 70}{space 3} 529.1038
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  371.911{col 29}{space 2} 117.1036{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 141.6469{col 70}{space 3}  602.175
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 471.0927{col 29}{space 2} 124.2677{col 40}{space 1}    3.79{col 49}{space 3}0.000{col 57}{space 4} 226.7418{col 70}{space 3} 715.4436
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 755.3789{col 29}{space 2} 130.8453{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4} 498.0941{col 70}{space 3} 1012.664
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.8017{col 29}{space 2} 141.4066{col 40}{space 1}    3.25{col 49}{space 3}0.001{col 57}{space 4} 181.7501{col 70}{space 3} 737.8533
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 672.5048{col 29}{space 2} 152.4211{col 40}{space 1}    4.41{col 49}{space 3}0.000{col 57}{space 4} 372.7951{col 70}{space 3} 972.2145
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 493.7453{col 29}{space 2} 159.0738{col 40}{space 1}    3.10{col 49}{space 3}0.002{col 57}{space 4} 180.9541{col 70}{space 3} 806.5365
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 311.1999{col 29}{space 2} 155.4208{col 40}{space 1}    2.00{col 49}{space 3}0.046{col 57}{space 4} 5.591804{col 70}{space 3} 616.8079
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 403.8107{col 29}{space 2} 153.4293{col 40}{space 1}    2.63{col 49}{space 3}0.009{col 57}{space 4} 102.1184{col 70}{space 3}  705.503
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 693.5234{col 29}{space 2} 164.9986{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 369.0822{col 70}{space 3} 1017.965
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 637.3368{col 29}{space 2} 169.9723{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 303.1155{col 70}{space 3}  971.558
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 868.0392{col 29}{space 2}  182.325{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4} 509.5287{col 70}{space 3}  1226.55
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 738.6347{col 29}{space 2} 173.3117{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 397.8473{col 70}{space 3} 1079.422
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 564.9565{col 29}{space 2} 232.9165{col 40}{space 1}    2.43{col 49}{space 3}0.016{col 57}{space 4} 106.9665{col 70}{space 3} 1022.946
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-193.4142{col 29}{space 2} 200.9047{col 40}{space 1}   -0.96{col 49}{space 3}0.336{col 57}{space 4}-588.4585{col 70}{space 3} 201.6301
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 584.1183{col 29}{space 2} 182.4008{col 40}{space 1}    3.20{col 49}{space 3}0.001{col 57}{space 4} 225.4587{col 70}{space 3} 942.7779
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1175.588{col 29}{space 2} 238.4706{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 706.6768{col 70}{space 3} 1644.499
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates8110incols!=. & year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(45, 374)      = {res}    13.12
{txt}       Model {c |} {res} 22190901.9        45  493131.154   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 14057346.7       374  37586.4885   {txt}R-squared       ={res}    0.6122
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.5655
{txt}       Total {c |} {res} 36248248.6       419  86511.3333   {txt}Root MSE        =   {res} 193.87

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1057366{col 29}{space 2} .0215388{col 40}{space 1}   -4.91{col 49}{space 3}0.000{col 57}{space 4} -.148089{col 70}{space 3}-.0633842
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}   .24778{col 29}{space 2} .9537683{col 40}{space 1}    0.26{col 49}{space 3}0.795{col 57}{space 4}-1.627641{col 70}{space 3} 2.123201
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .2644918{col 29}{space 2} 1.682916{col 40}{space 1}    0.16{col 49}{space 3}0.875{col 57}{space 4}-3.044672{col 70}{space 3} 3.573656
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-62.51496{col 29}{space 2} 53.97464{col 40}{space 1}   -1.16{col 49}{space 3}0.248{col 57}{space 4}-168.6468{col 70}{space 3} 43.61684
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 268.8586{col 29}{space 2} 78.25909{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 114.9756{col 70}{space 3} 422.7416
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 156.9526{col 29}{space 2} 60.19204{col 40}{space 1}    2.61{col 49}{space 3}0.009{col 57}{space 4} 38.59535{col 70}{space 3} 275.3098
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-47.07171{col 29}{space 2} 54.44982{col 40}{space 1}   -0.86{col 49}{space 3}0.388{col 57}{space 4}-154.1379{col 70}{space 3} 59.99444
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 46.58584{col 29}{space 2} 50.55531{col 40}{space 1}    0.92{col 49}{space 3}0.357{col 57}{space 4}-52.82244{col 70}{space 3} 145.9941
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -160.067{col 29}{space 2} 59.27246{col 40}{space 1}   -2.70{col 49}{space 3}0.007{col 57}{space 4} -276.616{col 70}{space 3}-43.51792
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 134.5805{col 29}{space 2} 58.23179{col 40}{space 1}    2.31{col 49}{space 3}0.021{col 57}{space 4} 20.07774{col 70}{space 3} 249.0832
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 29.12056{col 29}{space 2} 54.79204{col 40}{space 1}    0.53{col 49}{space 3}0.595{col 57}{space 4}-78.61852{col 70}{space 3} 136.8596
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-16.23239{col 29}{space 2} 53.38636{col 40}{space 1}   -0.30{col 49}{space 3}0.761{col 57}{space 4}-121.2074{col 70}{space 3} 88.74266
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  95.5012{col 29}{space 2} 61.08951{col 40}{space 1}    1.56{col 49}{space 3}0.119{col 57}{space 4}-24.62076{col 70}{space 3} 215.6232
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 172.2746{col 29}{space 2} 66.10571{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4}  42.2891{col 70}{space 3}   302.26
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 475.2824{col 29}{space 2} 97.88573{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4}  282.807{col 70}{space 3} 667.7578
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -121.995{col 29}{space 2} 53.53898{col 40}{space 1}   -2.28{col 49}{space 3}0.023{col 57}{space 4}-227.2702{col 70}{space 3}-16.71988
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-139.4786{col 29}{space 2} 73.60182{col 40}{space 1}   -1.90{col 49}{space 3}0.059{col 57}{space 4}-284.2039{col 70}{space 3} 5.246665
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 60.95768{col 29}{space 2} 74.21718{col 40}{space 1}    0.82{col 49}{space 3}0.412{col 57}{space 4}-84.97757{col 70}{space 3} 206.8929
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 438.9822{col 29}{space 2} 74.01147{col 40}{space 1}    5.93{col 49}{space 3}0.000{col 57}{space 4} 293.4515{col 70}{space 3}  584.513
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 188.1882{col 29}{space 2} 76.24602{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 38.26361{col 70}{space 3} 338.1129
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}  198.609{col 29}{space 2} 78.11524{col 40}{space 1}    2.54{col 49}{space 3}0.011{col 57}{space 4} 45.00889{col 70}{space 3} 352.2091
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 99.20276{col 29}{space 2} 79.58408{col 40}{space 1}    1.25{col 49}{space 3}0.213{col 57}{space 4}-57.28557{col 70}{space 3} 255.6911
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 335.4616{col 29}{space 2} 81.04073{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4}  176.109{col 70}{space 3} 494.8142
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 294.3863{col 29}{space 2} 83.97219{col 40}{space 1}    3.51{col 49}{space 3}0.001{col 57}{space 4} 129.2695{col 70}{space 3} 459.5031
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 78.45694{col 29}{space 2} 87.12367{col 40}{space 1}    0.90{col 49}{space 3}0.368{col 57}{space 4}-92.85669{col 70}{space 3} 249.7706
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} -14.5313{col 29}{space 2} 87.41063{col 40}{space 1}   -0.17{col 49}{space 3}0.868{col 57}{space 4}-186.4092{col 70}{space 3} 157.3466
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 378.1979{col 29}{space 2} 86.64381{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 207.8278{col 70}{space 3} 548.5679
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.7616{col 29}{space 2} 90.56182{col 40}{space 1}    1.82{col 49}{space 3}0.070{col 57}{space 4}-13.31254{col 70}{space 3} 342.8358
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 361.1839{col 29}{space 2} 92.14232{col 40}{space 1}    3.92{col 49}{space 3}0.000{col 57}{space 4} 180.0019{col 70}{space 3} 542.3658
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  304.778{col 29}{space 2} 97.15431{col 40}{space 1}    3.14{col 49}{space 3}0.002{col 57}{space 4} 113.7409{col 70}{space 3} 495.8152
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  371.911{col 29}{space 2} 101.0636{col 40}{space 1}    3.68{col 49}{space 3}0.000{col 57}{space 4} 173.1868{col 70}{space 3} 570.6351
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 471.0927{col 29}{space 2} 104.8636{col 40}{space 1}    4.49{col 49}{space 3}0.000{col 57}{space 4} 264.8966{col 70}{space 3} 677.2887
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 755.3789{col 29}{space 2} 109.2741{col 40}{space 1}    6.91{col 49}{space 3}0.000{col 57}{space 4} 540.5102{col 70}{space 3} 970.2476
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.8017{col 29}{space 2} 117.4698{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 228.8177{col 70}{space 3} 690.7857
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 672.5048{col 29}{space 2} 119.9302{col 40}{space 1}    5.61{col 49}{space 3}0.000{col 57}{space 4} 436.6828{col 70}{space 3} 908.3269
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 493.7453{col 29}{space 2} 126.1965{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 245.6018{col 70}{space 3} 741.8889
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 311.1999{col 29}{space 2} 129.6397{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 56.28583{col 70}{space 3} 566.1139
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 403.8107{col 29}{space 2} 128.7842{col 40}{space 1}    3.14{col 49}{space 3}0.002{col 57}{space 4} 150.5788{col 70}{space 3} 657.0426
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 693.5234{col 29}{space 2} 130.5982{col 40}{space 1}    5.31{col 49}{space 3}0.000{col 57}{space 4} 436.7245{col 70}{space 3} 950.3222
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 637.3368{col 29}{space 2} 136.5337{col 40}{space 1}    4.67{col 49}{space 3}0.000{col 57}{space 4} 368.8668{col 70}{space 3} 905.8067
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 868.0392{col 29}{space 2} 141.2292{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 590.3364{col 70}{space 3} 1145.742
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 738.6347{col 29}{space 2} 149.2827{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4} 445.0962{col 70}{space 3} 1032.173
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 564.9565{col 29}{space 2} 154.2757{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 261.6001{col 70}{space 3} 868.3129
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-193.4142{col 29}{space 2} 156.0576{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-500.2744{col 70}{space 3} 113.4461
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 584.1183{col 29}{space 2} 143.9675{col 40}{space 1}    4.06{col 49}{space 3}0.000{col 57}{space 4} 301.0311{col 70}{space 3} 867.2056
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1175.588{col 29}{space 2} 214.4858{col 40}{space 1}    5.48{col 49}{space 3}0.000{col 57}{space 4} 753.8386{col 70}{space 3} 1597.337
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27} -2982.74{col 38}-2783.818{col 49}    46{col 58} 5659.637{col 69} 5845.489
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. //PC (1,1) to (5,4)
. 
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates8110pc!=. & year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       374){col 67}= {res}      3.60
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1368706{col 29}{space 2} .0300359{col 40}{space 1}   -4.56{col 49}{space 3}0.000{col 57}{space 4} -.195931{col 70}{space 3}-.0778101
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0010538{col 29}{space 2}  .000663{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-.0002499{col 70}{space 3} .0023574
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0002497{col 29}{space 2} .0013513{col 40}{space 1}    0.18{col 49}{space 3}0.854{col 57}{space 4}-.0024074{col 70}{space 3} .0029067
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.353988{col 29}{space 2} 1.855391{col 40}{space 1}   -0.73{col 49}{space 3}0.466{col 57}{space 4}-5.002294{col 70}{space 3} 2.294317
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.610631{col 29}{space 2} 2.500811{col 40}{space 1}   -0.64{col 49}{space 3}0.520{col 57}{space 4}-6.528043{col 70}{space 3} 3.306782
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8367745{col 29}{space 2} 1.337122{col 40}{space 1}   -0.63{col 49}{space 3}0.532{col 57}{space 4}-3.465994{col 70}{space 3} 1.792445
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.422219{col 29}{space 2} 1.033904{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} .3892259{col 70}{space 3} 4.455212
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1454121{col 29}{space 2} 1.293656{col 40}{space 1}   -0.11{col 49}{space 3}0.911{col 57}{space 4}-2.689162{col 70}{space 3} 2.398338
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.619985{col 29}{space 2} 1.661337{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-1.646748{col 70}{space 3} 4.886718
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .719248{col 29}{space 2} 1.447373{col 40}{space 1}    0.50{col 49}{space 3}0.620{col 57}{space 4} -2.12676{col 70}{space 3} 3.565256
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2318895{col 29}{space 2} 1.827042{col 40}{space 1}    0.13{col 49}{space 3}0.899{col 57}{space 4}-3.360673{col 70}{space 3} 3.824452
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.293252{col 29}{space 2} 1.078265{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .1730303{col 70}{space 3} 4.413474
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  1.07318{col 29}{space 2} 1.673128{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-2.216737{col 70}{space 3} 4.363097
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2422758{col 29}{space 2} 1.996728{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-3.683944{col 70}{space 3} 4.168496
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.274957{col 29}{space 2}  2.98253{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-7.139587{col 70}{space 3} 4.589674
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.028178{col 29}{space 2} 1.292087{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-4.568844{col 70}{space 3} .5124884
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-2.919527{col 29}{space 2} 1.808859{col 40}{space 1}   -1.61{col 49}{space 3}0.107{col 57}{space 4}-6.476337{col 70}{space 3} .6372824
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.257807{col 29}{space 2} 2.921276{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4}-12.00199{col 70}{space 3}-.5136225
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.089581{col 29}{space 2} 1.827649{col 40}{space 1}   -2.24{col 49}{space 3}0.026{col 57}{space 4}-7.683337{col 70}{space 3} -.495825
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  4.14011{col 29}{space 2} 2.814096{col 40}{space 1}    1.47{col 49}{space 3}0.142{col 57}{space 4}-1.393323{col 70}{space 3} 9.673543
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.820199{col 29}{space 2} 2.087605{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-7.925114{col 70}{space 3} .2847162
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-.3759665{col 29}{space 2} 2.756711{col 40}{space 1}   -0.14{col 49}{space 3}0.892{col 57}{space 4}-5.796563{col 70}{space 3}  5.04463
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.395332{col 29}{space 2} 2.132692{col 40}{space 1}   -1.59{col 49}{space 3}0.112{col 57}{space 4}-7.588902{col 70}{space 3} .7982371
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.070614{col 29}{space 2} 2.699025{col 40}{space 1}   -0.40{col 49}{space 3}0.692{col 57}{space 4} -6.37778{col 70}{space 3} 4.236552
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.884857{col 29}{space 2} 2.366432{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-7.538036{col 70}{space 3} 1.768322
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.619449{col 29}{space 2} 2.702573{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-7.933592{col 70}{space 3} 2.694694
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.268131{col 29}{space 2}  2.98326{col 40}{space 1}   -0.43{col 49}{space 3}0.671{col 57}{space 4}-7.134197{col 70}{space 3} 4.597935
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .2828447{col 29}{space 2}  3.03916{col 40}{space 1}    0.09{col 49}{space 3}0.926{col 57}{space 4}-5.693139{col 70}{space 3} 6.258828
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.717685{col 29}{space 2} 2.750788{col 40}{space 1}   -0.62{col 49}{space 3}0.533{col 57}{space 4}-7.126635{col 70}{space 3} 3.691265
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.20472{col 29}{space 2} 3.856206{col 40}{space 1}    2.65{col 49}{space 3}0.008{col 57}{space 4} 2.622154{col 70}{space 3} 17.78728
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.457837{col 29}{space 2}  3.52926{col 40}{space 1}    0.41{col 49}{space 3}0.680{col 57}{space 4}-5.481844{col 70}{space 3} 8.397517
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.4930173{col 29}{space 2} 3.328862{col 40}{space 1}   -0.15{col 49}{space 3}0.882{col 57}{space 4} -7.03865{col 70}{space 3} 6.052615
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-1.817624{col 29}{space 2} 3.372509{col 40}{space 1}   -0.54{col 49}{space 3}0.590{col 57}{space 4} -8.44908{col 70}{space 3} 4.813833
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.337989{col 29}{space 2} 3.939723{col 40}{space 1}   -1.10{col 49}{space 3}0.272{col 57}{space 4}-12.08477{col 70}{space 3} 3.408795
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.497407{col 29}{space 2}  3.68091{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4} -9.73528{col 70}{space 3} 4.740467
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-1.084695{col 29}{space 2} 4.345208{col 40}{space 1}   -0.25{col 49}{space 3}0.803{col 57}{space 4}-9.628797{col 70}{space 3} 7.459406
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-4.144596{col 29}{space 2}  3.98151{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-11.97355{col 70}{space 3} 3.684355
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-.2263333{col 29}{space 2}  4.81278{col 40}{space 1}   -0.05{col 49}{space 3}0.963{col 57}{space 4}-9.689833{col 70}{space 3} 9.237166
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.347418{col 29}{space 2} 4.099203{col 40}{space 1}   -0.57{col 49}{space 3}0.567{col 57}{space 4}-10.40779{col 70}{space 3} 5.712957
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.972012{col 29}{space 2} 4.714159{col 40}{space 1}   -0.42{col 49}{space 3}0.676{col 57}{space 4}-11.24159{col 70}{space 3} 7.297568
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-3.269376{col 29}{space 2} 4.565194{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-12.24604{col 70}{space 3}  5.70729
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.699221{col 29}{space 2} 4.699278{col 40}{space 1}   -0.79{col 49}{space 3}0.432{col 57}{space 4}-12.93954{col 70}{space 3} 5.541098
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.730045{col 29}{space 2} 4.924094{col 40}{space 1}   -0.55{col 49}{space 3}0.580{col 57}{space 4}-12.41242{col 70}{space 3} 6.952335
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.301378{col 29}{space 2} 4.901944{col 40}{space 1}   -0.88{col 49}{space 3}0.381{col 57}{space 4} -13.9402{col 70}{space 3} 5.337448
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-5.194114{col 29}{space 2} 5.183434{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-15.38644{col 70}{space 3} 4.998214
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.580838{col 29}{space 2} 6.762622{col 40}{space 1}   -0.38{col 49}{space 3}0.703{col 57}{space 4}-15.87837{col 70}{space 3} 10.71669
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates8110pcols!=. & year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(45, 374)      = {res}     3.33
{txt}       Model {c |} {res} 5320.13403        45  118.225201   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 13270.2171       374  35.4818638   {txt}R-squared       ={res}    0.2862
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2003
{txt}       Total {c |} {res} 18590.3511       419  44.3683797   {txt}Root MSE        =   {res} 5.9567

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1368706{col 29}{space 2} .0284395{col 40}{space 1}   -4.81{col 49}{space 3}0.000{col 57}{space 4}-.1927918{col 70}{space 3}-.0809493
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0010538{col 29}{space 2} .0006806{col 40}{space 1}    1.55{col 49}{space 3}0.122{col 57}{space 4}-.0002845{col 70}{space 3}  .002392
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0002497{col 29}{space 2} .0015887{col 40}{space 1}    0.16{col 49}{space 3}0.875{col 57}{space 4}-.0028742{col 70}{space 3} .0033736
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.353988{col 29}{space 2} 1.659849{col 40}{space 1}   -0.82{col 49}{space 3}0.415{col 57}{space 4}-4.617794{col 70}{space 3} 1.909818
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.610631{col 29}{space 2}  2.44071{col 40}{space 1}   -0.66{col 49}{space 3}0.510{col 57}{space 4}-6.409866{col 70}{space 3} 3.188604
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8367745{col 29}{space 2} 1.865614{col 40}{space 1}   -0.45{col 49}{space 3}0.654{col 57}{space 4}-4.505182{col 70}{space 3} 2.831634
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.422219{col 29}{space 2} 1.669933{col 40}{space 1}    1.45{col 49}{space 3}0.148{col 57}{space 4}-.8614163{col 70}{space 3} 5.705854
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1454121{col 29}{space 2}  1.55504{col 40}{space 1}   -0.09{col 49}{space 3}0.926{col 57}{space 4}-3.203129{col 70}{space 3} 2.912305
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.619985{col 29}{space 2} 1.836888{col 40}{space 1}    0.88{col 49}{space 3}0.378{col 57}{space 4}-1.991938{col 70}{space 3} 5.231908
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .719248{col 29}{space 2}   1.8015{col 40}{space 1}    0.40{col 49}{space 3}0.690{col 57}{space 4}-2.823089{col 70}{space 3} 4.261586
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2318895{col 29}{space 2} 1.684061{col 40}{space 1}    0.14{col 49}{space 3}0.891{col 57}{space 4}-3.079525{col 70}{space 3} 3.543304
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.293252{col 29}{space 2}  1.63619{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4}-.9240327{col 70}{space 3} 5.510537
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  1.07318{col 29}{space 2}  1.88226{col 40}{space 1}    0.57{col 49}{space 3}0.569{col 57}{space 4}-2.627959{col 70}{space 3} 4.774319
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2422758{col 29}{space 2} 2.049397{col 40}{space 1}    0.12{col 49}{space 3}0.906{col 57}{space 4}-3.787508{col 70}{space 3}  4.27206
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.274957{col 29}{space 2}  3.10015{col 40}{space 1}   -0.41{col 49}{space 3}0.681{col 57}{space 4}-7.370865{col 70}{space 3} 4.820952
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.028178{col 29}{space 2} 1.653023{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4}-5.278563{col 70}{space 3} 1.222207
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-2.919527{col 29}{space 2} 2.267203{col 40}{space 1}   -1.29{col 49}{space 3}0.199{col 57}{space 4} -7.37759{col 70}{space 3} 1.538535
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.257807{col 29}{space 2}   2.2593{col 40}{space 1}   -2.77{col 49}{space 3}0.006{col 57}{space 4}-10.70033{col 70}{space 3}-1.815284
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.089581{col 29}{space 2} 2.369106{col 40}{space 1}   -1.73{col 49}{space 3}0.085{col 57}{space 4}-8.748019{col 70}{space 3} .5688569
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  4.14011{col 29}{space 2} 2.351913{col 40}{space 1}    1.76{col 49}{space 3}0.079{col 57}{space 4}-.4845205{col 70}{space 3} 8.764741
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.820199{col 29}{space 2} 2.412645{col 40}{space 1}   -1.58{col 49}{space 3}0.114{col 57}{space 4}-8.564249{col 70}{space 3} .9238511
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-.3759665{col 29}{space 2} 2.450192{col 40}{space 1}   -0.15{col 49}{space 3}0.878{col 57}{space 4}-5.193846{col 70}{space 3} 4.441913
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.395332{col 29}{space 2}  2.54029{col 40}{space 1}   -1.34{col 49}{space 3}0.182{col 57}{space 4}-8.390374{col 70}{space 3}  1.59971
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.070614{col 29}{space 2} 2.621484{col 40}{space 1}   -0.41{col 49}{space 3}0.683{col 57}{space 4}-6.225309{col 70}{space 3}  4.08408
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.884857{col 29}{space 2} 2.675592{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-8.145946{col 70}{space 3} 2.376232
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.619449{col 29}{space 2} 2.682345{col 40}{space 1}   -0.98{col 49}{space 3}0.329{col 57}{space 4}-7.893817{col 70}{space 3} 2.654919
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.268131{col 29}{space 2} 2.728282{col 40}{space 1}   -0.46{col 49}{space 3}0.642{col 57}{space 4}-6.632826{col 70}{space 3} 4.096564
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .2828447{col 29}{space 2}  2.79473{col 40}{space 1}    0.10{col 49}{space 3}0.919{col 57}{space 4}-5.212509{col 70}{space 3} 5.778198
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.717685{col 29}{space 2} 2.887246{col 40}{space 1}   -0.59{col 49}{space 3}0.552{col 57}{space 4}-7.394956{col 70}{space 3} 3.959586
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.20472{col 29}{space 2} 2.977659{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 4.349665{col 70}{space 3} 16.05977
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.457837{col 29}{space 2} 3.159966{col 40}{space 1}    0.46{col 49}{space 3}0.645{col 57}{space 4} -4.75569{col 70}{space 3} 7.671363
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.4930173{col 29}{space 2} 3.307589{col 40}{space 1}   -0.15{col 49}{space 3}0.882{col 57}{space 4} -6.99682{col 70}{space 3} 6.010786
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-1.817624{col 29}{space 2} 3.564214{col 40}{space 1}   -0.51{col 49}{space 3}0.610{col 57}{space 4}-8.826034{col 70}{space 3} 5.190787
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.337989{col 29}{space 2} 3.675567{col 40}{space 1}   -1.18{col 49}{space 3}0.239{col 57}{space 4}-11.56536{col 70}{space 3} 2.889378
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.497407{col 29}{space 2} 3.834417{col 40}{space 1}   -0.65{col 49}{space 3}0.515{col 57}{space 4}-10.03712{col 70}{space 3} 5.042311
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-1.084695{col 29}{space 2} 3.955502{col 40}{space 1}   -0.27{col 49}{space 3}0.784{col 57}{space 4}-8.862507{col 70}{space 3} 6.693117
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-4.144596{col 29}{space 2}  4.00798{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4} -12.0256{col 70}{space 3} 3.736404
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-.2263333{col 29}{space 2} 4.008509{col 40}{space 1}   -0.06{col 49}{space 3}0.955{col 57}{space 4}-8.108373{col 70}{space 3} 7.655706
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.347418{col 29}{space 2} 4.159345{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-10.52605{col 70}{space 3} 5.831216
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.972012{col 29}{space 2} 4.314223{col 40}{space 1}   -0.46{col 49}{space 3}0.648{col 57}{space 4}-10.45519{col 70}{space 3} 6.511162
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-3.269376{col 29}{space 2} 4.549961{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-12.21609{col 70}{space 3} 5.677336
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.699221{col 29}{space 2} 4.730535{col 40}{space 1}   -0.78{col 49}{space 3}0.435{col 57}{space 4}  -13.001{col 70}{space 3} 5.602559
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.730045{col 29}{space 2} 4.822236{col 40}{space 1}   -0.57{col 49}{space 3}0.572{col 57}{space 4}-12.21214{col 70}{space 3} 6.752049
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.301378{col 29}{space 2} 4.799504{col 40}{space 1}   -0.90{col 49}{space 3}0.371{col 57}{space 4}-13.73877{col 70}{space 3} 5.136018
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-5.194114{col 29}{space 2} 4.511667{col 40}{space 1}   -1.15{col 49}{space 3}0.250{col 57}{space 4}-14.06553{col 70}{space 3}   3.6773
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.580838{col 29}{space 2} 6.848262{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-16.04676{col 70}{space 3} 10.88509
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27}-1391.884{col 38}-1321.089{col 49}    46{col 58} 2734.178{col 69}  2920.03
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. //inc
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force
{txt}
{com}. 
. *** 3.E.a: TEST OF REAL_PC_INC_ANN*
. test  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney =  l4.d.real_pc_inc_ann =  l3.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.real_pc_inc_ann - L4D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.real_pc_inc_ann - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.real_pc_inc_ann = 0{p_end}

{txt}       F(  6,   367) ={res}    3.37
{txt}{col 13}Prob > F ={res}    0.0030
{txt}
{com}. 
. //pc
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force
{txt}
{com}. 
. *** 3.E.b: TEST OF klarnerranney*
. test l2.d.klarnerranney = l.d.real_pc_inc_ann = l3.d.klarnerranney = l2.d.real_pc_inc_ann = l4.d.klarnerranney = l3.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L2D.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L2D.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} L2D.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} L2D.klarnerranney - L4D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} L2D.klarnerranney - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 6)}{space 1} L2D.klarnerranney = 0{p_end}

{txt}       F(  6,   367) ={res}    0.67
{txt}{col 13}Prob > F ={res}    0.6733
{txt}
{com}. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. *** 3.F: SOUTHERN STATES (N = 14): FULL TIME PERIOD MATCH (4,3) and (1,1) Obs
. 
. //inc (4,3)
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 50,       369){col 67}= {res}     31.39
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.159476{col 29}{space 2} .0269314{col 40}{space 1}   -5.92{col 49}{space 3}0.000{col 57}{space 4}-.2124343{col 70}{space 3}-.1065176
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.190507{col 29}{space 2}  .957032{col 40}{space 1}    1.24{col 49}{space 3}0.214{col 57}{space 4}-.6914134{col 70}{space 3} 3.072428
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1850257{col 29}{space 2} .0999486{col 40}{space 1}    1.85{col 49}{space 3}0.065{col 57}{space 4}-.0115146{col 70}{space 3}  .381566
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.2387595{col 29}{space 2} 1.445788{col 40}{space 1}   -0.17{col 49}{space 3}0.869{col 57}{space 4}-3.081778{col 70}{space 3} 2.604259
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2886415{col 29}{space 2}  .098352{col 40}{space 1}    2.93{col 49}{space 3}0.004{col 57}{space 4} .0952409{col 70}{space 3} .4820422
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.408253{col 29}{space 2} 1.460907{col 40}{space 1}   -1.65{col 49}{space 3}0.100{col 57}{space 4}   -5.281{col 70}{space 3} .4644938
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0219886{col 29}{space 2} .0678612{col 40}{space 1}    0.32{col 49}{space 3}0.746{col 57}{space 4}-.1114546{col 70}{space 3} .1554317
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.03739{col 29}{space 2} 1.689856{col 40}{space 1}   -1.21{col 49}{space 3}0.229{col 57}{space 4}-5.360345{col 70}{space 3} 1.285565
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-79.69069{col 29}{space 2} 28.59231{col 40}{space 1}   -2.79{col 49}{space 3}0.006{col 57}{space 4} -135.915{col 70}{space 3}-23.46637
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 374.9277{col 29}{space 2} 74.58455{col 40}{space 1}    5.03{col 49}{space 3}0.000{col 57}{space 4} 228.2636{col 70}{space 3} 521.5917
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 227.1736{col 29}{space 2} 56.97105{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4}  115.145{col 70}{space 3} 339.2023
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-61.25864{col 29}{space 2}  34.4784{col 40}{space 1}   -1.78{col 49}{space 3}0.076{col 57}{space 4}-129.0574{col 70}{space 3} 6.540151
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.92456{col 29}{space 2} 54.71758{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-58.67283{col 70}{space 3}  156.522
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-232.1721{col 29}{space 2} 44.49382{col 40}{space 1}   -5.22{col 49}{space 3}0.000{col 57}{space 4}-319.6654{col 70}{space 3}-144.6789
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 175.4963{col 29}{space 2} 42.53353{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 91.85775{col 70}{space 3} 259.1348
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 44.86474{col 29}{space 2} 42.35714{col 40}{space 1}    1.06{col 49}{space 3}0.290{col 57}{space 4}-38.42691{col 70}{space 3} 128.1564
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-32.55324{col 29}{space 2} 34.29585{col 40}{space 1}   -0.95{col 49}{space 3}0.343{col 57}{space 4}-99.99307{col 70}{space 3} 34.88659
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 104.9811{col 29}{space 2} 41.98554{col 40}{space 1}    2.50{col 49}{space 3}0.013{col 57}{space 4}  22.4202{col 70}{space 3} 187.5421
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 244.6053{col 29}{space 2} 53.65086{col 40}{space 1}    4.56{col 49}{space 3}0.000{col 57}{space 4} 139.1056{col 70}{space 3} 350.1051
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 612.6886{col 29}{space 2} 98.59624{col 40}{space 1}    6.21{col 49}{space 3}0.000{col 57}{space 4} 418.8076{col 70}{space 3} 806.5696
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2922{col 29}{space 2} 32.33533{col 40}{space 1}   -4.68{col 49}{space 3}0.000{col 57}{space 4}-214.8769{col 70}{space 3} -87.7076
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-127.5451{col 29}{space 2} 87.43458{col 40}{space 1}   -1.46{col 49}{space 3}0.145{col 57}{space 4}-299.4776{col 70}{space 3}  44.3875
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-25.24554{col 29}{space 2} 115.1749{col 40}{space 1}   -0.22{col 49}{space 3}0.827{col 57}{space 4}-251.7271{col 70}{space 3}  201.236
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 351.3017{col 29}{space 2} 88.58961{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 177.0978{col 70}{space 3} 525.5055
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 14.80993{col 29}{space 2} 109.5988{col 40}{space 1}    0.14{col 49}{space 3}0.893{col 57}{space 4}-200.7066{col 70}{space 3} 230.3264
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.405672{col 29}{space 2} 101.4447{col 40}{space 1}    0.02{col 49}{space 3}0.981{col 57}{space 4}-197.0766{col 70}{space 3} 201.8879
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-2.078829{col 29}{space 2} 95.97404{col 40}{space 1}   -0.02{col 49}{space 3}0.983{col 57}{space 4}-190.8035{col 70}{space 3} 186.6458
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 260.1807{col 29}{space 2} 87.55943{col 40}{space 1}    2.97{col 49}{space 3}0.003{col 57}{space 4} 88.00264{col 70}{space 3} 432.3588
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 232.1882{col 29}{space 2} 113.3308{col 40}{space 1}    2.05{col 49}{space 3}0.041{col 57}{space 4} 9.333033{col 70}{space 3} 455.0433
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.92249{col 29}{space 2} 109.5315{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-237.3067{col 70}{space 3} 193.4617
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-52.18415{col 29}{space 2} 94.47723{col 40}{space 1}   -0.55{col 49}{space 3}0.581{col 57}{space 4}-237.9655{col 70}{space 3} 133.5972
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 421.7332{col 29}{space 2} 95.48052{col 40}{space 1}    4.42{col 49}{space 3}0.000{col 57}{space 4}  233.979{col 70}{space 3} 609.4874
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}   185.99{col 29}{space 2} 128.5637{col 40}{space 1}    1.45{col 49}{space 3}0.149{col 57}{space 4}-66.81937{col 70}{space 3} 438.7993
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 319.8589{col 29}{space 2} 108.4113{col 40}{space 1}    2.95{col 49}{space 3}0.003{col 57}{space 4} 106.6775{col 70}{space 3} 533.0404
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 307.3559{col 29}{space 2} 122.5826{col 40}{space 1}    2.51{col 49}{space 3}0.013{col 57}{space 4} 66.30776{col 70}{space 3} 548.4041
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 356.6253{col 29}{space 2} 115.9739{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4} 128.5726{col 70}{space 3}  584.678
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 474.2467{col 29}{space 2} 125.9122{col 40}{space 1}    3.77{col 49}{space 3}0.000{col 57}{space 4} 226.6511{col 70}{space 3} 721.8422
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.5743{col 29}{space 2} 134.9069{col 40}{space 1}    5.35{col 49}{space 3}0.000{col 57}{space 4} 456.2916{col 70}{space 3} 986.8569
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 379.1904{col 29}{space 2} 157.9986{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 68.49978{col 70}{space 3} 689.8809
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 590.5904{col 29}{space 2} 138.8523{col 40}{space 1}    4.25{col 49}{space 3}0.000{col 57}{space 4} 317.5494{col 70}{space 3} 863.6314
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 497.0812{col 29}{space 2} 168.0353{col 40}{space 1}    2.96{col 49}{space 3}0.003{col 57}{space 4} 166.6544{col 70}{space 3} 827.5081
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 322.9015{col 29}{space 2} 148.4203{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} 31.04578{col 70}{space 3} 614.7573
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 509.7446{col 29}{space 2} 142.8947{col 40}{space 1}    3.57{col 49}{space 3}0.000{col 57}{space 4} 228.7544{col 70}{space 3} 790.7347
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 847.8396{col 29}{space 2} 168.9851{col 40}{space 1}    5.02{col 49}{space 3}0.000{col 57}{space 4}  515.545{col 70}{space 3} 1180.134
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 737.4956{col 29}{space 2} 183.9565{col 40}{space 1}    4.01{col 49}{space 3}0.000{col 57}{space 4}  375.761{col 70}{space 3}  1099.23
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 910.8451{col 29}{space 2} 176.8528{col 40}{space 1}    5.15{col 49}{space 3}0.000{col 57}{space 4} 563.0794{col 70}{space 3} 1258.611
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 787.9674{col 29}{space 2} 180.5572{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 432.9173{col 70}{space 3} 1143.018
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 604.2361{col 29}{space 2} 226.2848{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 159.2667{col 70}{space 3} 1049.206
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-64.31444{col 29}{space 2} 171.3434{col 40}{space 1}   -0.38{col 49}{space 3}0.708{col 57}{space 4}-401.2464{col 70}{space 3} 272.6175
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 878.8336{col 29}{space 2} 143.8383{col 40}{space 1}    6.11{col 49}{space 3}0.000{col 57}{space 4} 595.9879{col 70}{space 3} 1161.679
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1736.714{col 29}{space 2} 250.4582{col 40}{space 1}    6.93{col 49}{space 3}0.000{col 57}{space 4} 1244.209{col 70}{space 3} 2229.218
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43118110inc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(50, 369)      = {res}    14.55
{txt}       Model {c |} {res} 24048557.1        50  480971.143   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 12199691.5       369  33061.4946   {txt}R-squared       ={res}    0.6634
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.6178
{txt}       Total {c |} {res} 36248248.6       419  86511.3333   {txt}Root MSE        =   {res} 181.83

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} -.159476{col 29}{space 2} .0224631{col 40}{space 1}   -7.10{col 49}{space 3}0.000{col 57}{space 4}-.2036476{col 70}{space 3}-.1153043
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.190507{col 29}{space 2}  .958397{col 40}{space 1}    1.24{col 49}{space 3}0.215{col 57}{space 4}-.6940975{col 70}{space 3} 3.075112
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .1850257{col 29}{space 2} .0486181{col 40}{space 1}    3.81{col 49}{space 3}0.000{col 57}{space 4} .0894225{col 70}{space 3}  .280629
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.2387595{col 29}{space 2}  1.58703{col 40}{space 1}   -0.15{col 49}{space 3}0.880{col 57}{space 4}-3.359518{col 70}{space 3} 2.881999
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .2886415{col 29}{space 2} .0558844{col 40}{space 1}    5.16{col 49}{space 3}0.000{col 57}{space 4} .1787497{col 70}{space 3} .3985334
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-2.408253{col 29}{space 2}  1.74009{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-5.829991{col 70}{space 3} 1.013484
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0219886{col 29}{space 2} .0610913{col 40}{space 1}    0.36{col 49}{space 3}0.719{col 57}{space 4}-.0981422{col 70}{space 3} .1421193
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -2.03739{col 29}{space 2} 1.706376{col 40}{space 1}   -1.19{col 49}{space 3}0.233{col 57}{space 4}-5.392831{col 70}{space 3} 1.318051
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-79.69069{col 29}{space 2} 50.85319{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-179.6891{col 70}{space 3} 20.30773
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 374.9277{col 29}{space 2} 77.30283{col 40}{space 1}    4.85{col 49}{space 3}0.000{col 57}{space 4} 222.9183{col 70}{space 3}  526.937
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 227.1736{col 29}{space 2} 58.07599{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 112.9722{col 70}{space 3} 341.3751
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-61.25864{col 29}{space 2} 52.03376{col 40}{space 1}   -1.18{col 49}{space 3}0.240{col 57}{space 4}-163.5785{col 70}{space 3} 41.06126
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 48.92456{col 29}{space 2} 47.44092{col 40}{space 1}    1.03{col 49}{space 3}0.303{col 57}{space 4}-44.36392{col 70}{space 3}  142.213
{txt}{space 12}28  {c |}{col 17}{res}{space 2}-232.1721{col 29}{space 2} 57.15223{col 40}{space 1}   -4.06{col 49}{space 3}0.000{col 57}{space 4}-344.5571{col 70}{space 3}-119.7872
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 175.4963{col 29}{space 2} 55.69586{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} 65.97516{col 70}{space 3} 285.0174
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 44.86474{col 29}{space 2} 52.42171{col 40}{space 1}    0.86{col 49}{space 3}0.393{col 57}{space 4}-58.21802{col 70}{space 3} 147.9475
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-32.55324{col 29}{space 2} 50.64385{col 40}{space 1}   -0.64{col 49}{space 3}0.521{col 57}{space 4}  -132.14{col 70}{space 3} 67.03352
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 104.9811{col 29}{space 2} 59.43961{col 40}{space 1}    1.77{col 49}{space 3}0.078{col 57}{space 4}-11.90171{col 70}{space 3}  221.864
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 244.6053{col 29}{space 2} 64.37923{col 40}{space 1}    3.80{col 49}{space 3}0.000{col 57}{space 4} 118.0091{col 70}{space 3} 371.2015
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 612.6886{col 29}{space 2} 96.46908{col 40}{space 1}    6.35{col 49}{space 3}0.000{col 57}{space 4} 422.9905{col 70}{space 3} 802.3867
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-151.2922{col 29}{space 2} 50.55939{col 40}{space 1}   -2.99{col 49}{space 3}0.003{col 57}{space 4}-250.7129{col 70}{space 3}-51.87156
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-127.5451{col 29}{space 2} 79.02066{col 40}{space 1}   -1.61{col 49}{space 3}0.107{col 57}{space 4}-282.9324{col 70}{space 3} 27.84224
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-25.24554{col 29}{space 2} 84.94706{col 40}{space 1}   -0.30{col 49}{space 3}0.766{col 57}{space 4}-192.2866{col 70}{space 3} 141.7955
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 351.3017{col 29}{space 2}  76.2944{col 40}{space 1}    4.60{col 49}{space 3}0.000{col 57}{space 4} 201.2753{col 70}{space 3}  501.328
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 14.80993{col 29}{space 2} 88.97812{col 40}{space 1}    0.17{col 49}{space 3}0.868{col 57}{space 4}-160.1579{col 70}{space 3} 189.7777
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 2.405672{col 29}{space 2} 85.32585{col 40}{space 1}    0.03{col 49}{space 3}0.978{col 57}{space 4}-165.3802{col 70}{space 3} 170.1916
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-2.078829{col 29}{space 2} 77.80785{col 40}{space 1}   -0.03{col 49}{space 3}0.979{col 57}{space 4}-155.0813{col 70}{space 3} 150.9236
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 260.1807{col 29}{space 2} 81.44996{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 100.0164{col 70}{space 3}  420.345
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 232.1882{col 29}{space 2} 87.00901{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 61.09247{col 70}{space 3} 403.2839
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-21.92249{col 29}{space 2} 92.62474{col 40}{space 1}   -0.24{col 49}{space 3}0.813{col 57}{space 4}-204.0611{col 70}{space 3} 160.2161
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-52.18415{col 29}{space 2} 85.62162{col 40}{space 1}   -0.61{col 49}{space 3}0.543{col 57}{space 4}-220.5517{col 70}{space 3} 116.1834
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 421.7332{col 29}{space 2} 86.02532{col 40}{space 1}    4.90{col 49}{space 3}0.000{col 57}{space 4} 252.5719{col 70}{space 3} 590.8946
{txt}{space 10}1993  {c |}{col 17}{res}{space 2}   185.99{col 29}{space 2} 99.51273{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-9.693219{col 70}{space 3} 381.6732
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 319.8589{col 29}{space 2}  101.067{col 40}{space 1}    3.16{col 49}{space 3}0.002{col 57}{space 4} 121.1194{col 70}{space 3} 518.5984
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 307.3559{col 29}{space 2} 97.63444{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} 115.3662{col 70}{space 3} 499.3456
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 356.6253{col 29}{space 2} 106.9999{col 40}{space 1}    3.33{col 49}{space 3}0.001{col 57}{space 4} 146.2192{col 70}{space 3} 567.0314
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 474.2467{col 29}{space 2} 105.7666{col 40}{space 1}    4.48{col 49}{space 3}0.000{col 57}{space 4} 266.2657{col 70}{space 3} 682.2276
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 721.5743{col 29}{space 2} 112.7642{col 40}{space 1}    6.40{col 49}{space 3}0.000{col 57}{space 4} 499.8333{col 70}{space 3} 943.3153
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 379.1904{col 29}{space 2}   123.07{col 40}{space 1}    3.08{col 49}{space 3}0.002{col 57}{space 4} 137.1839{col 70}{space 3} 621.1968
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 590.5904{col 29}{space 2} 121.9932{col 40}{space 1}    4.84{col 49}{space 3}0.000{col 57}{space 4} 350.7012{col 70}{space 3} 830.4796
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 497.0812{col 29}{space 2} 125.4639{col 40}{space 1}    3.96{col 49}{space 3}0.000{col 57}{space 4} 250.3674{col 70}{space 3} 743.7951
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 322.9015{col 29}{space 2} 132.7043{col 40}{space 1}    2.43{col 49}{space 3}0.015{col 57}{space 4} 61.94995{col 70}{space 3} 583.8531
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 509.7446{col 29}{space 2} 128.1522{col 40}{space 1}    3.98{col 49}{space 3}0.000{col 57}{space 4} 257.7444{col 70}{space 3} 761.7448
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 847.8396{col 29}{space 2} 135.6447{col 40}{space 1}    6.25{col 49}{space 3}0.000{col 57}{space 4} 581.1061{col 70}{space 3} 1114.573
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 737.4956{col 29}{space 2} 147.1341{col 40}{space 1}    5.01{col 49}{space 3}0.000{col 57}{space 4} 448.1692{col 70}{space 3} 1026.822
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 910.8451{col 29}{space 2} 148.1723{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 619.4771{col 70}{space 3} 1202.213
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 787.9674{col 29}{space 2} 151.6714{col 40}{space 1}    5.20{col 49}{space 3}0.000{col 57}{space 4} 489.7187{col 70}{space 3} 1086.216
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 604.2361{col 29}{space 2} 157.2671{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 294.9839{col 70}{space 3} 913.4884
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-64.31444{col 29}{space 2} 154.9542{col 40}{space 1}   -0.42{col 49}{space 3}0.678{col 57}{space 4}-369.0185{col 70}{space 3} 240.3896
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 878.8336{col 29}{space 2} 149.3604{col 40}{space 1}    5.88{col 49}{space 3}0.000{col 57}{space 4} 585.1293{col 70}{space 3} 1172.538
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1736.714{col 29}{space 2} 217.7419{col 40}{space 1}    7.98{col 49}{space 3}0.000{col 57}{space 4} 1308.543{col 70}{space 3} 2164.884
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43118110incols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27} -2982.74{col 38}-2754.054{col 49}    51{col 58} 5610.108{col 69} 5816.161
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. //pc (4,3)
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 50,       369){col 67}= {res}      3.52
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1540747{col 29}{space 2} .0320933{col 40}{space 1}   -4.80{col 49}{space 3}0.000{col 57}{space 4}-.2171835{col 70}{space 3} -.090966
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008531{col 29}{space 2} .0006462{col 40}{space 1}    1.32{col 49}{space 3}0.188{col 57}{space 4}-.0004177{col 70}{space 3} .0021238
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0376483{col 29}{space 2} .0441331{col 40}{space 1}    0.85{col 49}{space 3}0.394{col 57}{space 4}-.0491358{col 70}{space 3} .1244323
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003191{col 29}{space 2} .0015387{col 40}{space 1}   -0.21{col 49}{space 3}0.836{col 57}{space 4}-.0033447{col 70}{space 3} .0027066
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0631538{col 29}{space 2}  .070672{col 40}{space 1}    0.89{col 49}{space 3}0.372{col 57}{space 4}-.0758165{col 70}{space 3} .2021241
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0026923{col 29}{space 2} .0019686{col 40}{space 1}    1.37{col 49}{space 3}0.172{col 57}{space 4}-.0011788{col 70}{space 3} .0065635
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0474311{col 29}{space 2} .0400883{col 40}{space 1}    1.18{col 49}{space 3}0.238{col 57}{space 4}-.0313991{col 70}{space 3} .1262614
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0000896{col 29}{space 2} .0022873{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-.0045874{col 70}{space 3} .0044083
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.619338{col 29}{space 2} 1.783128{col 40}{space 1}   -0.91{col 49}{space 3}0.364{col 57}{space 4}-5.125705{col 70}{space 3} 1.887029
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-.3925599{col 29}{space 2} 2.465394{col 40}{space 1}   -0.16{col 49}{space 3}0.874{col 57}{space 4}-5.240545{col 70}{space 3} 4.455425
{txt}{space 12}13  {c |}{col 17}{res}{space 2} -.296784{col 29}{space 2} 1.346142{col 40}{space 1}   -0.22{col 49}{space 3}0.826{col 57}{space 4}-2.943855{col 70}{space 3} 2.350287
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.973798{col 29}{space 2} 1.068691{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} .8723099{col 70}{space 3} 5.075287
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2284034{col 29}{space 2}  1.25843{col 40}{space 1}   -0.18{col 49}{space 3}0.856{col 57}{space 4}-2.702998{col 70}{space 3} 2.246191
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.290575{col 29}{space 2} 1.589807{col 40}{space 1}    0.81{col 49}{space 3}0.417{col 57}{space 4}-1.835644{col 70}{space 3} 4.416794
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.282957{col 29}{space 2} 1.384727{col 40}{space 1}    0.93{col 49}{space 3}0.355{col 57}{space 4}-1.439989{col 70}{space 3} 4.005903
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9050586{col 29}{space 2} 1.663485{col 40}{space 1}    0.54{col 49}{space 3}0.587{col 57}{space 4}-2.366041{col 70}{space 3} 4.176158
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.682109{col 29}{space 2} 1.031896{col 40}{space 1}    2.60{col 49}{space 3}0.010{col 57}{space 4} .6529748{col 70}{space 3} 4.711243
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.063107{col 29}{space 2} 1.712859{col 40}{space 1}    1.20{col 49}{space 3}0.229{col 57}{space 4}-1.305083{col 70}{space 3} 5.431298
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 1.131286{col 29}{space 2} 1.846553{col 40}{space 1}    0.61{col 49}{space 3}0.540{col 57}{space 4}-2.499801{col 70}{space 3} 4.762374
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1085713{col 29}{space 2} 2.801176{col 40}{space 1}   -0.04{col 49}{space 3}0.969{col 57}{space 4}-5.616842{col 70}{space 3} 5.399699
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.984528{col 29}{space 2} 1.241759{col 40}{space 1}   -1.60{col 49}{space 3}0.111{col 57}{space 4}-4.426341{col 70}{space 3} .4572844
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-4.235275{col 29}{space 2} 2.415039{col 40}{space 1}   -1.75{col 49}{space 3}0.080{col 57}{space 4}-8.984241{col 70}{space 3} .5136906
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.879505{col 29}{space 2} 3.015992{col 40}{space 1}   -2.28{col 49}{space 3}0.023{col 57}{space 4}-12.81019{col 70}{space 3}-.9488182
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.840037{col 29}{space 2} 2.173786{col 40}{space 1}   -2.23{col 49}{space 3}0.027{col 57}{space 4}  -9.1146{col 70}{space 3}-.5654746
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 2.652497{col 29}{space 2} 3.232356{col 40}{space 1}    0.82{col 49}{space 3}0.412{col 57}{space 4}-3.703651{col 70}{space 3} 9.008646
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.600895{col 29}{space 2} 2.502839{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-9.522512{col 70}{space 3} .3207222
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.513348{col 29}{space 2} 2.905886{col 40}{space 1}   -0.52{col 49}{space 3}0.603{col 57}{space 4}-7.227521{col 70}{space 3} 4.200826
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.978102{col 29}{space 2} 2.256945{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-8.416189{col 70}{space 3} .4599851
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.922085{col 29}{space 2} 2.909989{col 40}{space 1}   -0.66{col 49}{space 3}0.509{col 57}{space 4}-7.644327{col 70}{space 3} 3.800157
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.609263{col 29}{space 2} 2.594159{col 40}{space 1}   -1.39{col 49}{space 3}0.165{col 57}{space 4}-8.710452{col 70}{space 3} 1.491927
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.661841{col 29}{space 2} 2.726228{col 40}{space 1}   -0.98{col 49}{space 3}0.330{col 57}{space 4}-8.022733{col 70}{space 3}  2.69905
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8499033{col 29}{space 2} 2.951315{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4}-6.653409{col 70}{space 3} 4.953602
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} -.384238{col 29}{space 2} 3.271394{col 40}{space 1}   -0.12{col 49}{space 3}0.907{col 57}{space 4}-6.817153{col 70}{space 3} 6.048677
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.637372{col 29}{space 2} 2.699588{col 40}{space 1}   -0.61{col 49}{space 3}0.545{col 57}{space 4}-6.945879{col 70}{space 3} 3.671134
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.722772{col 29}{space 2} 3.993168{col 40}{space 1}    2.43{col 49}{space 3}0.015{col 57}{space 4} 1.870552{col 70}{space 3} 17.57499
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  1.13348{col 29}{space 2} 3.711878{col 40}{space 1}    0.31{col 49}{space 3}0.760{col 57}{space 4}-6.165609{col 70}{space 3} 8.432568
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.066164{col 29}{space 2} 3.334915{col 40}{space 1}   -0.32{col 49}{space 3}0.749{col 57}{space 4}-7.623987{col 70}{space 3} 5.491659
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.201295{col 29}{space 2}  3.32474{col 40}{space 1}   -0.66{col 49}{space 3}0.508{col 57}{space 4}-8.739108{col 70}{space 3} 4.336519
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.820022{col 29}{space 2} 4.011999{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-12.70927{col 70}{space 3} 3.069228
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.645245{col 29}{space 2}  3.58172{col 40}{space 1}   -0.46{col 49}{space 3}0.646{col 57}{space 4}-8.688389{col 70}{space 3} 5.397899
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} -.733954{col 29}{space 2} 4.349449{col 40}{space 1}   -0.17{col 49}{space 3}0.866{col 57}{space 4} -9.28677{col 70}{space 3} 7.818862
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.35124{col 29}{space 2} 3.864694{col 40}{space 1}   -0.87{col 49}{space 3}0.386{col 57}{space 4}-10.95083{col 70}{space 3} 4.248347
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015366{col 29}{space 2} 4.556821{col 40}{space 1}    0.22{col 49}{space 3}0.824{col 57}{space 4} -7.94523{col 70}{space 3} 9.975961
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.192496{col 29}{space 2} 4.079428{col 40}{space 1}   -0.29{col 49}{space 3}0.770{col 57}{space 4}-9.214339{col 70}{space 3} 6.829347
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.558927{col 29}{space 2}  4.75815{col 40}{space 1}   -0.33{col 49}{space 3}0.743{col 57}{space 4}-10.91542{col 70}{space 3} 7.797566
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.460945{col 29}{space 2} 4.380094{col 40}{space 1}   -0.56{col 49}{space 3}0.575{col 57}{space 4}-11.07402{col 70}{space 3} 6.152131
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.340711{col 29}{space 2} 4.662753{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-12.50961{col 70}{space 3}  5.82819
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.891089{col 29}{space 2} 4.758781{col 40}{space 1}   -0.40{col 49}{space 3}0.691{col 57}{space 4}-11.24882{col 70}{space 3} 7.466644
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.321797{col 29}{space 2} 4.815759{col 40}{space 1}   -0.69{col 49}{space 3}0.491{col 57}{space 4}-12.79157{col 70}{space 3} 6.147977
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.839656{col 29}{space 2} 5.570037{col 40}{space 1}   -0.33{col 49}{space 3}0.741{col 57}{space 4}-12.79265{col 70}{space 3} 9.113342
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .0912449{col 29}{space 2}  6.71357{col 40}{space 1}    0.01{col 49}{space 3}0.989{col 57}{space 4}-13.11041{col 70}{space 3}  13.2929
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict allstates43118110pc
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(50, 369)      = {res}     3.09
{txt}       Model {c |} {res} 5485.99864        50  109.719973   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 13104.3524       369  35.5131503   {txt}R-squared       ={res}    0.2951
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.1996
{txt}       Total {c |} {res} 18590.3511       419  44.3683797   {txt}Root MSE        =   {res} 5.9593

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1540747{col 29}{space 2} .0316832{col 40}{space 1}   -4.86{col 49}{space 3}0.000{col 57}{space 4}-.2163771{col 70}{space 3}-.0917724
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0008531{col 29}{space 2}   .00075{col 40}{space 1}    1.14{col 49}{space 3}0.256{col 57}{space 4}-.0006217{col 70}{space 3} .0023279
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0376483{col 29}{space 2} .0571148{col 40}{space 1}    0.66{col 49}{space 3}0.510{col 57}{space 4}-.0746631{col 70}{space 3} .1499596
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0003191{col 29}{space 2}  .001708{col 40}{space 1}   -0.19{col 49}{space 3}0.852{col 57}{space 4}-.0036777{col 70}{space 3} .0030395
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0631538{col 29}{space 2} .0563713{col 40}{space 1}    1.12{col 49}{space 3}0.263{col 57}{space 4}-.0476954{col 70}{space 3} .1740031
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0026923{col 29}{space 2} .0016145{col 40}{space 1}    1.67{col 49}{space 3}0.096{col 57}{space 4}-.0004824{col 70}{space 3} .0058671
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0474311{col 29}{space 2} .0564944{col 40}{space 1}    0.84{col 49}{space 3}0.402{col 57}{space 4}-.0636601{col 70}{space 3} .1585224
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0000896{col 29}{space 2} .0018566{col 40}{space 1}   -0.05{col 49}{space 3}0.962{col 57}{space 4}-.0037405{col 70}{space 3} .0035614
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.619338{col 29}{space 2} 1.668338{col 40}{space 1}   -0.97{col 49}{space 3}0.332{col 57}{space 4} -4.89998{col 70}{space 3} 1.661304
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-.3925599{col 29}{space 2} 2.580508{col 40}{space 1}   -0.15{col 49}{space 3}0.879{col 57}{space 4}-5.466906{col 70}{space 3} 4.681787
{txt}{space 12}13  {c |}{col 17}{res}{space 2} -.296784{col 29}{space 2}  1.92207{col 40}{space 1}   -0.15{col 49}{space 3}0.877{col 57}{space 4}-4.076369{col 70}{space 3} 3.482801
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.973798{col 29}{space 2} 1.719491{col 40}{space 1}    1.73{col 49}{space 3}0.085{col 57}{space 4}-.4074331{col 70}{space 3}  6.35503
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2284034{col 29}{space 2} 1.557845{col 40}{space 1}   -0.15{col 49}{space 3}0.884{col 57}{space 4}-3.291771{col 70}{space 3} 2.834965
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.290575{col 29}{space 2} 1.888524{col 40}{space 1}    0.68{col 49}{space 3}0.495{col 57}{space 4}-2.423044{col 70}{space 3} 5.004193
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 1.282957{col 29}{space 2} 1.841644{col 40}{space 1}    0.70{col 49}{space 3}0.486{col 57}{space 4}-2.338477{col 70}{space 3} 4.904392
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .9050586{col 29}{space 2} 1.724829{col 40}{space 1}    0.52{col 49}{space 3}0.600{col 57}{space 4} -2.48667{col 70}{space 3} 4.296787
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.682109{col 29}{space 2} 1.663951{col 40}{space 1}    1.61{col 49}{space 3}0.108{col 57}{space 4}-.5899071{col 70}{space 3} 5.954125
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 2.063107{col 29}{space 2} 1.982323{col 40}{space 1}    1.04{col 49}{space 3}0.299{col 57}{space 4}-1.834959{col 70}{space 3} 5.961174
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 1.131286{col 29}{space 2} 2.127995{col 40}{space 1}    0.53{col 49}{space 3}0.595{col 57}{space 4}-3.053232{col 70}{space 3} 5.315805
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-.1085713{col 29}{space 2} 3.263818{col 40}{space 1}   -0.03{col 49}{space 3}0.973{col 57}{space 4}-6.526588{col 70}{space 3} 6.309446
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.984528{col 29}{space 2} 1.671444{col 40}{space 1}   -1.19{col 49}{space 3}0.236{col 57}{space 4}-5.271279{col 70}{space 3} 1.302222
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-4.235275{col 29}{space 2} 2.471882{col 40}{space 1}   -1.71{col 49}{space 3}0.087{col 57}{space 4}-9.096018{col 70}{space 3} .6254671
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.879505{col 29}{space 2} 2.309799{col 40}{space 1}   -2.98{col 49}{space 3}0.003{col 57}{space 4}-11.42153{col 70}{space 3}-2.337485
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.840037{col 29}{space 2} 2.484261{col 40}{space 1}   -1.95{col 49}{space 3}0.052{col 57}{space 4}-9.725123{col 70}{space 3} .0450483
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 2.652497{col 29}{space 2} 2.651205{col 40}{space 1}    1.00{col 49}{space 3}0.318{col 57}{space 4}-2.560868{col 70}{space 3} 7.865863
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.600895{col 29}{space 2} 2.610665{col 40}{space 1}   -1.76{col 49}{space 3}0.079{col 57}{space 4}-9.734542{col 70}{space 3} .5327525
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.513348{col 29}{space 2} 2.543057{col 40}{space 1}   -0.60{col 49}{space 3}0.552{col 57}{space 4} -6.51405{col 70}{space 3} 3.487354
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.978102{col 29}{space 2}  2.60878{col 40}{space 1}   -1.52{col 49}{space 3}0.128{col 57}{space 4}-9.108042{col 70}{space 3} 1.151838
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.922085{col 29}{space 2} 2.742338{col 40}{space 1}   -0.70{col 49}{space 3}0.484{col 57}{space 4}-7.314656{col 70}{space 3} 3.470485
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-3.609263{col 29}{space 2} 2.762054{col 40}{space 1}   -1.31{col 49}{space 3}0.192{col 57}{space 4}-9.040603{col 70}{space 3} 1.822077
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.661841{col 29}{space 2} 2.707041{col 40}{space 1}   -0.98{col 49}{space 3}0.326{col 57}{space 4}-7.985004{col 70}{space 3} 2.661321
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-.8499033{col 29}{space 2} 2.804997{col 40}{space 1}   -0.30{col 49}{space 3}0.762{col 57}{space 4}-6.365688{col 70}{space 3} 4.665882
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} -.384238{col 29}{space 2} 2.988912{col 40}{space 1}   -0.13{col 49}{space 3}0.898{col 57}{space 4}-6.261676{col 70}{space 3}   5.4932
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.637372{col 29}{space 2} 2.905125{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4} -7.35005{col 70}{space 3} 4.075305
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 9.722772{col 29}{space 2} 3.084735{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} 3.656906{col 70}{space 3} 15.78864
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  1.13348{col 29}{space 2} 3.232328{col 40}{space 1}    0.35{col 49}{space 3}0.726{col 57}{space 4}-5.222614{col 70}{space 3} 7.489573
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-1.066164{col 29}{space 2} 3.388812{col 40}{space 1}   -0.31{col 49}{space 3}0.753{col 57}{space 4}-7.729971{col 70}{space 3} 5.597643
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-2.201295{col 29}{space 2} 3.683007{col 40}{space 1}   -0.60{col 49}{space 3}0.550{col 57}{space 4}-9.443611{col 70}{space 3} 5.041022
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.820022{col 29}{space 2} 3.826831{col 40}{space 1}   -1.26{col 49}{space 3}0.209{col 57}{space 4}-12.34516{col 70}{space 3} 2.705111
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-1.645245{col 29}{space 2} 3.899244{col 40}{space 1}   -0.42{col 49}{space 3}0.673{col 57}{space 4}-9.312771{col 70}{space 3} 6.022282
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} -.733954{col 29}{space 2} 4.123765{col 40}{space 1}   -0.18{col 49}{space 3}0.859{col 57}{space 4}-8.842982{col 70}{space 3} 7.375074
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} -3.35124{col 29}{space 2} 4.080971{col 40}{space 1}   -0.82{col 49}{space 3}0.412{col 57}{space 4}-11.37612{col 70}{space 3} 4.673636
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 1.015366{col 29}{space 2} 4.146184{col 40}{space 1}    0.24{col 49}{space 3}0.807{col 57}{space 4}-7.137748{col 70}{space 3}  9.16848
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-1.192496{col 29}{space 2} 4.419703{col 40}{space 1}   -0.27{col 49}{space 3}0.787{col 57}{space 4} -9.88346{col 70}{space 3} 7.498468
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.558927{col 29}{space 2} 4.538516{col 40}{space 1}   -0.34{col 49}{space 3}0.731{col 57}{space 4}-10.48353{col 70}{space 3} 7.365673
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-2.460945{col 29}{space 2} 4.667509{col 40}{space 1}   -0.53{col 49}{space 3}0.598{col 57}{space 4} -11.6392{col 70}{space 3} 6.717308
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.340711{col 29}{space 2} 4.905953{col 40}{space 1}   -0.68{col 49}{space 3}0.496{col 57}{space 4}-12.98785{col 70}{space 3} 6.306422
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-1.891089{col 29}{space 2} 4.913875{col 40}{space 1}   -0.38{col 49}{space 3}0.701{col 57}{space 4} -11.5538{col 70}{space 3} 7.771622
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.321797{col 29}{space 2} 4.893499{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4}-12.94444{col 70}{space 3} 6.300847
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-1.839656{col 29}{space 2} 4.933453{col 40}{space 1}   -0.37{col 49}{space 3}0.709{col 57}{space 4}-11.54087{col 70}{space 3} 7.861554
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .0912449{col 29}{space 2} 7.611341{col 40}{space 1}    0.01{col 49}{space 3}0.990{col 57}{space 4} -14.8758{col 70}{space 3} 15.05829
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. predict allstates43118110pcols
{txt}(option {bf:xb} assumed; fitted values)
(196 missing values generated)

{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27}-1391.884{col 38}-1318.448{col 49}    51{col 58} 2738.895{col 69} 2944.948
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //reduced (1,1) to (4,3)
. //inc
. newey d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43118110inc!=. & year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       374){col 67}= {res}     26.28
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}{col 29}  Newey-West
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1057366{col 29}{space 2} .0248568{col 40}{space 1}   -4.25{col 49}{space 3}0.000{col 57}{space 4}-.1546131{col 70}{space 3}-.0568601
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}   .24778{col 29}{space 2} 1.127298{col 40}{space 1}    0.22{col 49}{space 3}0.826{col 57}{space 4}-1.968857{col 70}{space 3} 2.464417
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .2644918{col 29}{space 2} 1.438174{col 40}{space 1}    0.18{col 49}{space 3}0.854{col 57}{space 4}-2.563428{col 70}{space 3} 3.092412
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-62.51496{col 29}{space 2} 37.35195{col 40}{space 1}   -1.67{col 49}{space 3}0.095{col 57}{space 4}-135.9611{col 70}{space 3} 10.93119
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 268.8586{col 29}{space 2} 87.92597{col 40}{space 1}    3.06{col 49}{space 3}0.002{col 57}{space 4}  95.9674{col 70}{space 3} 441.7498
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 156.9526{col 29}{space 2} 77.11058{col 40}{space 1}    2.04{col 49}{space 3}0.043{col 57}{space 4} 5.327964{col 70}{space 3} 308.5772
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-47.07171{col 29}{space 2} 41.08263{col 40}{space 1}   -1.15{col 49}{space 3}0.253{col 57}{space 4}-127.8536{col 70}{space 3} 33.71018
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 46.58584{col 29}{space 2}  83.4168{col 40}{space 1}    0.56{col 49}{space 3}0.577{col 57}{space 4}-117.4389{col 70}{space 3} 210.6106
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -160.067{col 29}{space 2} 48.64514{col 40}{space 1}   -3.29{col 49}{space 3}0.001{col 57}{space 4}-255.7192{col 70}{space 3}-64.41471
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 134.5805{col 29}{space 2} 61.07888{col 40}{space 1}    2.20{col 49}{space 3}0.028{col 57}{space 4} 14.47942{col 70}{space 3} 254.6815
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 29.12056{col 29}{space 2} 59.88405{col 40}{space 1}    0.49{col 49}{space 3}0.627{col 57}{space 4}-88.63107{col 70}{space 3} 146.8722
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-16.23239{col 29}{space 2} 42.58445{col 40}{space 1}   -0.38{col 49}{space 3}0.703{col 57}{space 4}-99.96735{col 70}{space 3} 67.50257
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  95.5012{col 29}{space 2} 57.44016{col 40}{space 1}    1.66{col 49}{space 3}0.097{col 57}{space 4}-17.44496{col 70}{space 3} 208.4474
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 172.2746{col 29}{space 2} 71.54956{col 40}{space 1}    2.41{col 49}{space 3}0.017{col 57}{space 4} 31.58472{col 70}{space 3} 312.9644
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 475.2824{col 29}{space 2} 112.2615{col 40}{space 1}    4.23{col 49}{space 3}0.000{col 57}{space 4} 254.5396{col 70}{space 3} 696.0252
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -121.995{col 29}{space 2} 44.48545{col 40}{space 1}   -2.74{col 49}{space 3}0.006{col 57}{space 4} -209.468{col 70}{space 3}-34.52208
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-139.4786{col 29}{space 2}  54.6336{col 40}{space 1}   -2.55{col 49}{space 3}0.011{col 57}{space 4}-246.9061{col 70}{space 3}-32.05106
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 60.95768{col 29}{space 2} 101.4597{col 40}{space 1}    0.60{col 49}{space 3}0.548{col 57}{space 4}-138.5453{col 70}{space 3} 260.4607
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 438.9822{col 29}{space 2} 78.96108{col 40}{space 1}    5.56{col 49}{space 3}0.000{col 57}{space 4} 283.7189{col 70}{space 3} 594.2456
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 188.1882{col 29}{space 2} 79.77517{col 40}{space 1}    2.36{col 49}{space 3}0.019{col 57}{space 4} 31.32414{col 70}{space 3} 345.0523
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}  198.609{col 29}{space 2} 104.4627{col 40}{space 1}    1.90{col 49}{space 3}0.058{col 57}{space 4}-6.798775{col 70}{space 3} 404.0168
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 99.20276{col 29}{space 2} 95.79167{col 40}{space 1}    1.04{col 49}{space 3}0.301{col 57}{space 4}  -89.155{col 70}{space 3} 287.5605
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 335.4616{col 29}{space 2} 86.50814{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4} 165.3582{col 70}{space 3} 505.5649
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 294.3863{col 29}{space 2} 92.33991{col 40}{space 1}    3.19{col 49}{space 3}0.002{col 57}{space 4} 112.8158{col 70}{space 3} 475.9567
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 78.45694{col 29}{space 2} 100.5988{col 40}{space 1}    0.78{col 49}{space 3}0.436{col 57}{space 4}-119.3533{col 70}{space 3} 276.2672
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} -14.5313{col 29}{space 2} 99.77347{col 40}{space 1}   -0.15{col 49}{space 3}0.884{col 57}{space 4}-210.7186{col 70}{space 3}  181.656
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 378.1979{col 29}{space 2} 98.01468{col 40}{space 1}    3.86{col 49}{space 3}0.000{col 57}{space 4} 185.4689{col 70}{space 3} 570.9268
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.7616{col 29}{space 2} 100.9472{col 40}{space 1}    1.63{col 49}{space 3}0.103{col 57}{space 4}-33.73364{col 70}{space 3} 363.2569
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 361.1839{col 29}{space 2} 105.4152{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 153.9031{col 70}{space 3} 568.4646
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  304.778{col 29}{space 2} 114.0836{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 80.45233{col 70}{space 3} 529.1038
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  371.911{col 29}{space 2} 117.1036{col 40}{space 1}    3.18{col 49}{space 3}0.002{col 57}{space 4} 141.6469{col 70}{space 3}  602.175
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 471.0927{col 29}{space 2} 124.2677{col 40}{space 1}    3.79{col 49}{space 3}0.000{col 57}{space 4} 226.7418{col 70}{space 3} 715.4436
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 755.3789{col 29}{space 2} 130.8453{col 40}{space 1}    5.77{col 49}{space 3}0.000{col 57}{space 4} 498.0941{col 70}{space 3} 1012.664
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.8017{col 29}{space 2} 141.4066{col 40}{space 1}    3.25{col 49}{space 3}0.001{col 57}{space 4} 181.7501{col 70}{space 3} 737.8533
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 672.5048{col 29}{space 2} 152.4211{col 40}{space 1}    4.41{col 49}{space 3}0.000{col 57}{space 4} 372.7951{col 70}{space 3} 972.2145
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 493.7453{col 29}{space 2} 159.0738{col 40}{space 1}    3.10{col 49}{space 3}0.002{col 57}{space 4} 180.9541{col 70}{space 3} 806.5365
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 311.1999{col 29}{space 2} 155.4208{col 40}{space 1}    2.00{col 49}{space 3}0.046{col 57}{space 4} 5.591804{col 70}{space 3} 616.8079
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 403.8107{col 29}{space 2} 153.4293{col 40}{space 1}    2.63{col 49}{space 3}0.009{col 57}{space 4} 102.1184{col 70}{space 3}  705.503
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 693.5234{col 29}{space 2} 164.9986{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 369.0822{col 70}{space 3} 1017.965
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 637.3368{col 29}{space 2} 169.9723{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 303.1155{col 70}{space 3}  971.558
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 868.0392{col 29}{space 2}  182.325{col 40}{space 1}    4.76{col 49}{space 3}0.000{col 57}{space 4} 509.5287{col 70}{space 3}  1226.55
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 738.6347{col 29}{space 2} 173.3117{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 397.8473{col 70}{space 3} 1079.422
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 564.9565{col 29}{space 2} 232.9165{col 40}{space 1}    2.43{col 49}{space 3}0.016{col 57}{space 4} 106.9665{col 70}{space 3} 1022.946
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-193.4142{col 29}{space 2} 200.9047{col 40}{space 1}   -0.96{col 49}{space 3}0.336{col 57}{space 4}-588.4585{col 70}{space 3} 201.6301
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 584.1183{col 29}{space 2} 182.4008{col 40}{space 1}    3.20{col 49}{space 3}0.001{col 57}{space 4} 225.4587{col 70}{space 3} 942.7779
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1175.588{col 29}{space 2} 238.4706{col 40}{space 1}    4.93{col 49}{space 3}0.000{col 57}{space 4} 706.6768{col 70}{space 3} 1644.499
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.real_pc_inc_ann l.real_pc_inc_ann l.klarnerranney d.klarnerranney i.state_fips i.year if allstates43118110incols!=. & year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(45, 374)      = {res}    13.12
{txt}       Model {c |} {res} 22190901.9        45  493131.154   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 14057346.7       374  37586.4885   {txt}R-squared       ={res}    0.6122
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.5655
{txt}       Total {c |} {res} 36248248.6       419  86511.3333   {txt}Root MSE        =   {res} 193.87

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.             {col 17}{c |}
{col 1}real_pc_inc_ann{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1057366{col 29}{space 2} .0215388{col 40}{space 1}   -4.91{col 49}{space 3}0.000{col 57}{space 4} -.148089{col 70}{space 3}-.0633842
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}   .24778{col 29}{space 2} .9537683{col 40}{space 1}    0.26{col 49}{space 3}0.795{col 57}{space 4}-1.627641{col 70}{space 3} 2.123201
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .2644918{col 29}{space 2} 1.682916{col 40}{space 1}    0.16{col 49}{space 3}0.875{col 57}{space 4}-3.044672{col 70}{space 3} 3.573656
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-62.51496{col 29}{space 2} 53.97464{col 40}{space 1}   -1.16{col 49}{space 3}0.248{col 57}{space 4}-168.6468{col 70}{space 3} 43.61684
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 268.8586{col 29}{space 2} 78.25909{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 114.9756{col 70}{space 3} 422.7416
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 156.9526{col 29}{space 2} 60.19204{col 40}{space 1}    2.61{col 49}{space 3}0.009{col 57}{space 4} 38.59535{col 70}{space 3} 275.3098
{txt}{space 12}21  {c |}{col 17}{res}{space 2}-47.07171{col 29}{space 2} 54.44982{col 40}{space 1}   -0.86{col 49}{space 3}0.388{col 57}{space 4}-154.1379{col 70}{space 3} 59.99444
{txt}{space 12}22  {c |}{col 17}{res}{space 2} 46.58584{col 29}{space 2} 50.55531{col 40}{space 1}    0.92{col 49}{space 3}0.357{col 57}{space 4}-52.82244{col 70}{space 3} 145.9941
{txt}{space 12}28  {c |}{col 17}{res}{space 2} -160.067{col 29}{space 2} 59.27246{col 40}{space 1}   -2.70{col 49}{space 3}0.007{col 57}{space 4} -276.616{col 70}{space 3}-43.51792
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 134.5805{col 29}{space 2} 58.23179{col 40}{space 1}    2.31{col 49}{space 3}0.021{col 57}{space 4} 20.07774{col 70}{space 3} 249.0832
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 29.12056{col 29}{space 2} 54.79204{col 40}{space 1}    0.53{col 49}{space 3}0.595{col 57}{space 4}-78.61852{col 70}{space 3} 136.8596
{txt}{space 12}45  {c |}{col 17}{res}{space 2}-16.23239{col 29}{space 2} 53.38636{col 40}{space 1}   -0.30{col 49}{space 3}0.761{col 57}{space 4}-121.2074{col 70}{space 3} 88.74266
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  95.5012{col 29}{space 2} 61.08951{col 40}{space 1}    1.56{col 49}{space 3}0.119{col 57}{space 4}-24.62076{col 70}{space 3} 215.6232
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 172.2746{col 29}{space 2} 66.10571{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4}  42.2891{col 70}{space 3}   302.26
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 475.2824{col 29}{space 2} 97.88573{col 40}{space 1}    4.86{col 49}{space 3}0.000{col 57}{space 4}  282.807{col 70}{space 3} 667.7578
{txt}{space 12}54  {c |}{col 17}{res}{space 2} -121.995{col 29}{space 2} 53.53898{col 40}{space 1}   -2.28{col 49}{space 3}0.023{col 57}{space 4}-227.2702{col 70}{space 3}-16.71988
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-139.4786{col 29}{space 2} 73.60182{col 40}{space 1}   -1.90{col 49}{space 3}0.059{col 57}{space 4}-284.2039{col 70}{space 3} 5.246665
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 60.95768{col 29}{space 2} 74.21718{col 40}{space 1}    0.82{col 49}{space 3}0.412{col 57}{space 4}-84.97757{col 70}{space 3} 206.8929
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 438.9822{col 29}{space 2} 74.01147{col 40}{space 1}    5.93{col 49}{space 3}0.000{col 57}{space 4} 293.4515{col 70}{space 3}  584.513
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 188.1882{col 29}{space 2} 76.24602{col 40}{space 1}    2.47{col 49}{space 3}0.014{col 57}{space 4} 38.26361{col 70}{space 3} 338.1129
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}  198.609{col 29}{space 2} 78.11524{col 40}{space 1}    2.54{col 49}{space 3}0.011{col 57}{space 4} 45.00889{col 70}{space 3} 352.2091
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 99.20276{col 29}{space 2} 79.58408{col 40}{space 1}    1.25{col 49}{space 3}0.213{col 57}{space 4}-57.28557{col 70}{space 3} 255.6911
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 335.4616{col 29}{space 2} 81.04073{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4}  176.109{col 70}{space 3} 494.8142
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 294.3863{col 29}{space 2} 83.97219{col 40}{space 1}    3.51{col 49}{space 3}0.001{col 57}{space 4} 129.2695{col 70}{space 3} 459.5031
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 78.45694{col 29}{space 2} 87.12367{col 40}{space 1}    0.90{col 49}{space 3}0.368{col 57}{space 4}-92.85669{col 70}{space 3} 249.7706
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} -14.5313{col 29}{space 2} 87.41063{col 40}{space 1}   -0.17{col 49}{space 3}0.868{col 57}{space 4}-186.4092{col 70}{space 3} 157.3466
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 378.1979{col 29}{space 2} 86.64381{col 40}{space 1}    4.36{col 49}{space 3}0.000{col 57}{space 4} 207.8278{col 70}{space 3} 548.5679
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 164.7616{col 29}{space 2} 90.56182{col 40}{space 1}    1.82{col 49}{space 3}0.070{col 57}{space 4}-13.31254{col 70}{space 3} 342.8358
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 361.1839{col 29}{space 2} 92.14232{col 40}{space 1}    3.92{col 49}{space 3}0.000{col 57}{space 4} 180.0019{col 70}{space 3} 542.3658
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}  304.778{col 29}{space 2} 97.15431{col 40}{space 1}    3.14{col 49}{space 3}0.002{col 57}{space 4} 113.7409{col 70}{space 3} 495.8152
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}  371.911{col 29}{space 2} 101.0636{col 40}{space 1}    3.68{col 49}{space 3}0.000{col 57}{space 4} 173.1868{col 70}{space 3} 570.6351
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 471.0927{col 29}{space 2} 104.8636{col 40}{space 1}    4.49{col 49}{space 3}0.000{col 57}{space 4} 264.8966{col 70}{space 3} 677.2887
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 755.3789{col 29}{space 2} 109.2741{col 40}{space 1}    6.91{col 49}{space 3}0.000{col 57}{space 4} 540.5102{col 70}{space 3} 970.2476
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 459.8017{col 29}{space 2} 117.4698{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 228.8177{col 70}{space 3} 690.7857
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 672.5048{col 29}{space 2} 119.9302{col 40}{space 1}    5.61{col 49}{space 3}0.000{col 57}{space 4} 436.6828{col 70}{space 3} 908.3269
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 493.7453{col 29}{space 2} 126.1965{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 245.6018{col 70}{space 3} 741.8889
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 311.1999{col 29}{space 2} 129.6397{col 40}{space 1}    2.40{col 49}{space 3}0.017{col 57}{space 4} 56.28583{col 70}{space 3} 566.1139
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 403.8107{col 29}{space 2} 128.7842{col 40}{space 1}    3.14{col 49}{space 3}0.002{col 57}{space 4} 150.5788{col 70}{space 3} 657.0426
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 693.5234{col 29}{space 2} 130.5982{col 40}{space 1}    5.31{col 49}{space 3}0.000{col 57}{space 4} 436.7245{col 70}{space 3} 950.3222
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 637.3368{col 29}{space 2} 136.5337{col 40}{space 1}    4.67{col 49}{space 3}0.000{col 57}{space 4} 368.8668{col 70}{space 3} 905.8067
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 868.0392{col 29}{space 2} 141.2292{col 40}{space 1}    6.15{col 49}{space 3}0.000{col 57}{space 4} 590.3364{col 70}{space 3} 1145.742
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 738.6347{col 29}{space 2} 149.2827{col 40}{space 1}    4.95{col 49}{space 3}0.000{col 57}{space 4} 445.0962{col 70}{space 3} 1032.173
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 564.9565{col 29}{space 2} 154.2757{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 261.6001{col 70}{space 3} 868.3129
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-193.4142{col 29}{space 2} 156.0576{col 40}{space 1}   -1.24{col 49}{space 3}0.216{col 57}{space 4}-500.2744{col 70}{space 3} 113.4461
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 584.1183{col 29}{space 2} 143.9675{col 40}{space 1}    4.06{col 49}{space 3}0.000{col 57}{space 4} 301.0311{col 70}{space 3} 867.2056
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 1175.588{col 29}{space 2} 214.4858{col 40}{space 1}    5.48{col 49}{space 3}0.000{col 57}{space 4} 753.8386{col 70}{space 3} 1597.337
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27} -2982.74{col 38}-2783.818{col 49}    46{col 58} 5659.637{col 69} 5845.489
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. //pc
. newey d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43118110pc!=. & year >1980 &  nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       420
{txt}maximum lag: {res}5{col 49}{txt}F( 45,       374){col 67}= {res}      3.60
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1368706{col 29}{space 2} .0300359{col 40}{space 1}   -4.56{col 49}{space 3}0.000{col 57}{space 4} -.195931{col 70}{space 3}-.0778101
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0010538{col 29}{space 2}  .000663{col 40}{space 1}    1.59{col 49}{space 3}0.113{col 57}{space 4}-.0002499{col 70}{space 3} .0023574
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0002497{col 29}{space 2} .0013513{col 40}{space 1}    0.18{col 49}{space 3}0.854{col 57}{space 4}-.0024074{col 70}{space 3} .0029067
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.353988{col 29}{space 2} 1.855391{col 40}{space 1}   -0.73{col 49}{space 3}0.466{col 57}{space 4}-5.002294{col 70}{space 3} 2.294317
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.610631{col 29}{space 2} 2.500811{col 40}{space 1}   -0.64{col 49}{space 3}0.520{col 57}{space 4}-6.528043{col 70}{space 3} 3.306782
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8367745{col 29}{space 2} 1.337122{col 40}{space 1}   -0.63{col 49}{space 3}0.532{col 57}{space 4}-3.465994{col 70}{space 3} 1.792445
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.422219{col 29}{space 2} 1.033904{col 40}{space 1}    2.34{col 49}{space 3}0.020{col 57}{space 4} .3892259{col 70}{space 3} 4.455212
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1454121{col 29}{space 2} 1.293656{col 40}{space 1}   -0.11{col 49}{space 3}0.911{col 57}{space 4}-2.689162{col 70}{space 3} 2.398338
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.619985{col 29}{space 2} 1.661337{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-1.646748{col 70}{space 3} 4.886718
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .719248{col 29}{space 2} 1.447373{col 40}{space 1}    0.50{col 49}{space 3}0.620{col 57}{space 4} -2.12676{col 70}{space 3} 3.565256
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2318895{col 29}{space 2} 1.827042{col 40}{space 1}    0.13{col 49}{space 3}0.899{col 57}{space 4}-3.360673{col 70}{space 3} 3.824452
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.293252{col 29}{space 2} 1.078265{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .1730303{col 70}{space 3} 4.413474
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  1.07318{col 29}{space 2} 1.673128{col 40}{space 1}    0.64{col 49}{space 3}0.522{col 57}{space 4}-2.216737{col 70}{space 3} 4.363097
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2422758{col 29}{space 2} 1.996728{col 40}{space 1}    0.12{col 49}{space 3}0.903{col 57}{space 4}-3.683944{col 70}{space 3} 4.168496
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.274957{col 29}{space 2}  2.98253{col 40}{space 1}   -0.43{col 49}{space 3}0.669{col 57}{space 4}-7.139587{col 70}{space 3} 4.589674
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.028178{col 29}{space 2} 1.292087{col 40}{space 1}   -1.57{col 49}{space 3}0.117{col 57}{space 4}-4.568844{col 70}{space 3} .5124884
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-2.919527{col 29}{space 2} 1.808859{col 40}{space 1}   -1.61{col 49}{space 3}0.107{col 57}{space 4}-6.476337{col 70}{space 3} .6372824
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.257807{col 29}{space 2} 2.921276{col 40}{space 1}   -2.14{col 49}{space 3}0.033{col 57}{space 4}-12.00199{col 70}{space 3}-.5136225
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.089581{col 29}{space 2} 1.827649{col 40}{space 1}   -2.24{col 49}{space 3}0.026{col 57}{space 4}-7.683337{col 70}{space 3} -.495825
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  4.14011{col 29}{space 2} 2.814096{col 40}{space 1}    1.47{col 49}{space 3}0.142{col 57}{space 4}-1.393323{col 70}{space 3} 9.673543
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.820199{col 29}{space 2} 2.087605{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-7.925114{col 70}{space 3} .2847162
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-.3759665{col 29}{space 2} 2.756711{col 40}{space 1}   -0.14{col 49}{space 3}0.892{col 57}{space 4}-5.796563{col 70}{space 3}  5.04463
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.395332{col 29}{space 2} 2.132692{col 40}{space 1}   -1.59{col 49}{space 3}0.112{col 57}{space 4}-7.588902{col 70}{space 3} .7982371
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.070614{col 29}{space 2} 2.699025{col 40}{space 1}   -0.40{col 49}{space 3}0.692{col 57}{space 4} -6.37778{col 70}{space 3} 4.236552
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.884857{col 29}{space 2} 2.366432{col 40}{space 1}   -1.22{col 49}{space 3}0.224{col 57}{space 4}-7.538036{col 70}{space 3} 1.768322
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.619449{col 29}{space 2} 2.702573{col 40}{space 1}   -0.97{col 49}{space 3}0.333{col 57}{space 4}-7.933592{col 70}{space 3} 2.694694
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.268131{col 29}{space 2}  2.98326{col 40}{space 1}   -0.43{col 49}{space 3}0.671{col 57}{space 4}-7.134197{col 70}{space 3} 4.597935
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .2828447{col 29}{space 2}  3.03916{col 40}{space 1}    0.09{col 49}{space 3}0.926{col 57}{space 4}-5.693139{col 70}{space 3} 6.258828
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.717685{col 29}{space 2} 2.750788{col 40}{space 1}   -0.62{col 49}{space 3}0.533{col 57}{space 4}-7.126635{col 70}{space 3} 3.691265
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.20472{col 29}{space 2} 3.856206{col 40}{space 1}    2.65{col 49}{space 3}0.008{col 57}{space 4} 2.622154{col 70}{space 3} 17.78728
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.457837{col 29}{space 2}  3.52926{col 40}{space 1}    0.41{col 49}{space 3}0.680{col 57}{space 4}-5.481844{col 70}{space 3} 8.397517
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.4930173{col 29}{space 2} 3.328862{col 40}{space 1}   -0.15{col 49}{space 3}0.882{col 57}{space 4} -7.03865{col 70}{space 3} 6.052615
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-1.817624{col 29}{space 2} 3.372509{col 40}{space 1}   -0.54{col 49}{space 3}0.590{col 57}{space 4} -8.44908{col 70}{space 3} 4.813833
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.337989{col 29}{space 2} 3.939723{col 40}{space 1}   -1.10{col 49}{space 3}0.272{col 57}{space 4}-12.08477{col 70}{space 3} 3.408795
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.497407{col 29}{space 2}  3.68091{col 40}{space 1}   -0.68{col 49}{space 3}0.498{col 57}{space 4} -9.73528{col 70}{space 3} 4.740467
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-1.084695{col 29}{space 2} 4.345208{col 40}{space 1}   -0.25{col 49}{space 3}0.803{col 57}{space 4}-9.628797{col 70}{space 3} 7.459406
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-4.144596{col 29}{space 2}  3.98151{col 40}{space 1}   -1.04{col 49}{space 3}0.299{col 57}{space 4}-11.97355{col 70}{space 3} 3.684355
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-.2263333{col 29}{space 2}  4.81278{col 40}{space 1}   -0.05{col 49}{space 3}0.963{col 57}{space 4}-9.689833{col 70}{space 3} 9.237166
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.347418{col 29}{space 2} 4.099203{col 40}{space 1}   -0.57{col 49}{space 3}0.567{col 57}{space 4}-10.40779{col 70}{space 3} 5.712957
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.972012{col 29}{space 2} 4.714159{col 40}{space 1}   -0.42{col 49}{space 3}0.676{col 57}{space 4}-11.24159{col 70}{space 3} 7.297568
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-3.269376{col 29}{space 2} 4.565194{col 40}{space 1}   -0.72{col 49}{space 3}0.474{col 57}{space 4}-12.24604{col 70}{space 3}  5.70729
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.699221{col 29}{space 2} 4.699278{col 40}{space 1}   -0.79{col 49}{space 3}0.432{col 57}{space 4}-12.93954{col 70}{space 3} 5.541098
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.730045{col 29}{space 2} 4.924094{col 40}{space 1}   -0.55{col 49}{space 3}0.580{col 57}{space 4}-12.41242{col 70}{space 3} 6.952335
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.301378{col 29}{space 2} 4.901944{col 40}{space 1}   -0.88{col 49}{space 3}0.381{col 57}{space 4} -13.9402{col 70}{space 3} 5.337448
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-5.194114{col 29}{space 2} 5.183434{col 40}{space 1}   -1.00{col 49}{space 3}0.317{col 57}{space 4}-15.38644{col 70}{space 3} 4.998214
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.580838{col 29}{space 2} 6.762622{col 40}{space 1}   -0.38{col 49}{space 3}0.703{col 57}{space 4}-15.87837{col 70}{space 3} 10.71669
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. reg d.klarnerranney l.klarnerranney l.real_pc_inc_ann d.real_pc_inc_ann i.state_fips i.year if allstates43118110pcols!=. & year >1980 &  nonsouth==0

{txt}      Source {c |}       SS           df       MS      Number of obs   ={res}       420
{txt}{hline 13}{c +}{hline 34}   F(45, 374)      = {res}     3.33
{txt}       Model {c |} {res} 5320.13403        45  118.225201   {txt}Prob > F        ={res}    0.0000
{txt}    Residual {c |} {res} 13270.2171       374  35.4818638   {txt}R-squared       ={res}    0.2862
{txt}{hline 13}{c +}{hline 34}   Adj R-squared   ={res}    0.2003
{txt}       Total {c |} {res} 18590.3511       419  44.3683797   {txt}Root MSE        =   {res} 5.9567

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1368706{col 29}{space 2} .0284395{col 40}{space 1}   -4.81{col 49}{space 3}0.000{col 57}{space 4}-.1927918{col 70}{space 3}-.0809493
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0010538{col 29}{space 2} .0006806{col 40}{space 1}    1.55{col 49}{space 3}0.122{col 57}{space 4}-.0002845{col 70}{space 3}  .002392
{txt}{space 12}D1. {c |}{col 17}{res}{space 2} .0002497{col 29}{space 2} .0015887{col 40}{space 1}    0.16{col 49}{space 3}0.875{col 57}{space 4}-.0028742{col 70}{space 3} .0033736
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-1.353988{col 29}{space 2} 1.659849{col 40}{space 1}   -0.82{col 49}{space 3}0.415{col 57}{space 4}-4.617794{col 70}{space 3} 1.909818
{txt}{space 12}12  {c |}{col 17}{res}{space 2}-1.610631{col 29}{space 2}  2.44071{col 40}{space 1}   -0.66{col 49}{space 3}0.510{col 57}{space 4}-6.409866{col 70}{space 3} 3.188604
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-.8367745{col 29}{space 2} 1.865614{col 40}{space 1}   -0.45{col 49}{space 3}0.654{col 57}{space 4}-4.505182{col 70}{space 3} 2.831634
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 2.422219{col 29}{space 2} 1.669933{col 40}{space 1}    1.45{col 49}{space 3}0.148{col 57}{space 4}-.8614163{col 70}{space 3} 5.705854
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.1454121{col 29}{space 2}  1.55504{col 40}{space 1}   -0.09{col 49}{space 3}0.926{col 57}{space 4}-3.203129{col 70}{space 3} 2.912305
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 1.619985{col 29}{space 2} 1.836888{col 40}{space 1}    0.88{col 49}{space 3}0.378{col 57}{space 4}-1.991938{col 70}{space 3} 5.231908
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .719248{col 29}{space 2}   1.8015{col 40}{space 1}    0.40{col 49}{space 3}0.690{col 57}{space 4}-2.823089{col 70}{space 3} 4.261586
{txt}{space 12}40  {c |}{col 17}{res}{space 2} .2318895{col 29}{space 2} 1.684061{col 40}{space 1}    0.14{col 49}{space 3}0.891{col 57}{space 4}-3.079525{col 70}{space 3} 3.543304
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 2.293252{col 29}{space 2}  1.63619{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4}-.9240327{col 70}{space 3} 5.510537
{txt}{space 12}47  {c |}{col 17}{res}{space 2}  1.07318{col 29}{space 2}  1.88226{col 40}{space 1}    0.57{col 49}{space 3}0.569{col 57}{space 4}-2.627959{col 70}{space 3} 4.774319
{txt}{space 12}48  {c |}{col 17}{res}{space 2} .2422758{col 29}{space 2} 2.049397{col 40}{space 1}    0.12{col 49}{space 3}0.906{col 57}{space 4}-3.787508{col 70}{space 3}  4.27206
{txt}{space 12}51  {c |}{col 17}{res}{space 2}-1.274957{col 29}{space 2}  3.10015{col 40}{space 1}   -0.41{col 49}{space 3}0.681{col 57}{space 4}-7.370865{col 70}{space 3} 4.820952
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.028178{col 29}{space 2} 1.653023{col 40}{space 1}   -1.23{col 49}{space 3}0.221{col 57}{space 4}-5.278563{col 70}{space 3} 1.222207
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-2.919527{col 29}{space 2} 2.267203{col 40}{space 1}   -1.29{col 49}{space 3}0.199{col 57}{space 4} -7.37759{col 70}{space 3} 1.538535
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-6.257807{col 29}{space 2}   2.2593{col 40}{space 1}   -2.77{col 49}{space 3}0.006{col 57}{space 4}-10.70033{col 70}{space 3}-1.815284
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.089581{col 29}{space 2} 2.369106{col 40}{space 1}   -1.73{col 49}{space 3}0.085{col 57}{space 4}-8.748019{col 70}{space 3} .5688569
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  4.14011{col 29}{space 2} 2.351913{col 40}{space 1}    1.76{col 49}{space 3}0.079{col 57}{space 4}-.4845205{col 70}{space 3} 8.764741
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-3.820199{col 29}{space 2} 2.412645{col 40}{space 1}   -1.58{col 49}{space 3}0.114{col 57}{space 4}-8.564249{col 70}{space 3} .9238511
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-.3759665{col 29}{space 2} 2.450192{col 40}{space 1}   -0.15{col 49}{space 3}0.878{col 57}{space 4}-5.193846{col 70}{space 3} 4.441913
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.395332{col 29}{space 2}  2.54029{col 40}{space 1}   -1.34{col 49}{space 3}0.182{col 57}{space 4}-8.390374{col 70}{space 3}  1.59971
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.070614{col 29}{space 2} 2.621484{col 40}{space 1}   -0.41{col 49}{space 3}0.683{col 57}{space 4}-6.225309{col 70}{space 3}  4.08408
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.884857{col 29}{space 2} 2.675592{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4}-8.145946{col 70}{space 3} 2.376232
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-2.619449{col 29}{space 2} 2.682345{col 40}{space 1}   -0.98{col 49}{space 3}0.329{col 57}{space 4}-7.893817{col 70}{space 3} 2.654919
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-1.268131{col 29}{space 2} 2.728282{col 40}{space 1}   -0.46{col 49}{space 3}0.642{col 57}{space 4}-6.632826{col 70}{space 3} 4.096564
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .2828447{col 29}{space 2}  2.79473{col 40}{space 1}    0.10{col 49}{space 3}0.919{col 57}{space 4}-5.212509{col 70}{space 3} 5.778198
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-1.717685{col 29}{space 2} 2.887246{col 40}{space 1}   -0.59{col 49}{space 3}0.552{col 57}{space 4}-7.394956{col 70}{space 3} 3.959586
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 10.20472{col 29}{space 2} 2.977659{col 40}{space 1}    3.43{col 49}{space 3}0.001{col 57}{space 4} 4.349665{col 70}{space 3} 16.05977
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.457837{col 29}{space 2} 3.159966{col 40}{space 1}    0.46{col 49}{space 3}0.645{col 57}{space 4} -4.75569{col 70}{space 3} 7.671363
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-.4930173{col 29}{space 2} 3.307589{col 40}{space 1}   -0.15{col 49}{space 3}0.882{col 57}{space 4} -6.99682{col 70}{space 3} 6.010786
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-1.817624{col 29}{space 2} 3.564214{col 40}{space 1}   -0.51{col 49}{space 3}0.610{col 57}{space 4}-8.826034{col 70}{space 3} 5.190787
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-4.337989{col 29}{space 2} 3.675567{col 40}{space 1}   -1.18{col 49}{space 3}0.239{col 57}{space 4}-11.56536{col 70}{space 3} 2.889378
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-2.497407{col 29}{space 2} 3.834417{col 40}{space 1}   -0.65{col 49}{space 3}0.515{col 57}{space 4}-10.03712{col 70}{space 3} 5.042311
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-1.084695{col 29}{space 2} 3.955502{col 40}{space 1}   -0.27{col 49}{space 3}0.784{col 57}{space 4}-8.862507{col 70}{space 3} 6.693117
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-4.144596{col 29}{space 2}  4.00798{col 40}{space 1}   -1.03{col 49}{space 3}0.302{col 57}{space 4} -12.0256{col 70}{space 3} 3.736404
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-.2263333{col 29}{space 2} 4.008509{col 40}{space 1}   -0.06{col 49}{space 3}0.955{col 57}{space 4}-8.108373{col 70}{space 3} 7.655706
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-2.347418{col 29}{space 2} 4.159345{col 40}{space 1}   -0.56{col 49}{space 3}0.573{col 57}{space 4}-10.52605{col 70}{space 3} 5.831216
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-1.972012{col 29}{space 2} 4.314223{col 40}{space 1}   -0.46{col 49}{space 3}0.648{col 57}{space 4}-10.45519{col 70}{space 3} 6.511162
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-3.269376{col 29}{space 2} 4.549961{col 40}{space 1}   -0.72{col 49}{space 3}0.473{col 57}{space 4}-12.21609{col 70}{space 3} 5.677336
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-3.699221{col 29}{space 2} 4.730535{col 40}{space 1}   -0.78{col 49}{space 3}0.435{col 57}{space 4}  -13.001{col 70}{space 3} 5.602559
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-2.730045{col 29}{space 2} 4.822236{col 40}{space 1}   -0.57{col 49}{space 3}0.572{col 57}{space 4}-12.21214{col 70}{space 3} 6.752049
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-4.301378{col 29}{space 2} 4.799504{col 40}{space 1}   -0.90{col 49}{space 3}0.371{col 57}{space 4}-13.73877{col 70}{space 3} 5.136018
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-5.194114{col 29}{space 2} 4.511667{col 40}{space 1}   -1.15{col 49}{space 3}0.250{col 57}{space 4}-14.06553{col 70}{space 3}   3.6773
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-2.580838{col 29}{space 2} 6.848262{col 40}{space 1}   -0.38{col 49}{space 3}0.706{col 57}{space 4}-16.04676{col 70}{space 3} 10.88509
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       420{col 27}-1391.884{col 38}-1321.089{col 49}    46{col 58} 2734.178{col 69}  2920.03
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. qui newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force
{txt}
{com}. 
. *** 3.F.a: TEST OF REAL_PC_INC_ANN*
. test  l.d.real_pc_inc_ann =  l2.d.real_pc_inc_ann =  l.d.klarnerranney =  l3.d.real_pc_inc_ann =  l2.d.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.real_pc_inc_ann - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.real_pc_inc_ann - LD.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.real_pc_inc_ann - L3D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.real_pc_inc_ann - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.real_pc_inc_ann = 0{p_end}

{txt}       F(  5,   369) ={res}   12.69
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. qui newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann i.state_fips i.year if year >1980 &  nonsouth==0, lag(5) force
{txt}
{com}. 
. *** 3.F.b: TEST OF klarnerranney*
. test  l.d.klarnerranney =  l2.d.klarnerranney =  l.d.real_pc_inc_ann =  l3.d.klarnerranney =  l2.d.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}LD.klarnerranney - L2D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} LD.klarnerranney - LD.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 3)}{space 1} LD.klarnerranney - L3D.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 4)}{space 1} LD.klarnerranney - L2D.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 5)}{space 1} LD.klarnerranney = 0{p_end}

{txt}       F(  5,   369) ={res}    0.71
{txt}{col 13}Prob > F ={res}    0.6126
{txt}
{com}. 
. 
. 
. 
. ******
. 
. restore
{txt}
{com}. log close
      {txt}name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\matt_zarit\Dropbox\Krause5\Log Files\newfittestssouth.smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res} 6 Aug 2019, 12:14:58
{txt}{.-}
{smcl}
{txt}{sf}{ul off}